17
Sep
2024
Watch
The future of European competitiveness (debate)
Madam President, the green transition is an existential question. Climate change is the most dangerous thing facing humanity. However, it is because of not only the climate and biodiversity that we need to invest in clean technologies to get rid of fossil fuels. Without these investments, we are also losing jobs and seeing a rise in poverty. I am glad Mr Draghi acknowledges this in his report. One crucial point is to stop pouring tens of billions every year into the military industry of the United States. I would love to see global disarmament, but it is currently impossible with Europe under attack from Putin's imperialist regime. We need European solutions, but the transition must be fair. I am worried about proposals to focus our support on the so-called European champions. This would in fact destroy the European markets and worsen the capitalist accumulation of wealth. It would strengthen the power of capital over democracy. We cannot have a system where profits are private and debts are public.