18
Dec
2024
Watch
Restoring the EU’s competitive edge – the need for an impact assessment on the Green Deal policies (topical debate)
Mr President, dear colleagues, our economy moves in waves – waves named after Nikolai Kondratiev. And every 40 to 60 years, the economy changes dramatically thanks to new technology, like the steam engine in 1800, electrical engineering in 1900, and the information technology in the 90s of the previous century. With every Kondratiev wave, fast movers will win and slow movers will lose, and those who resist change are among the biggest losers. Currently, we are in a green tech wave. All over the world, clean tech is changing the economy drastically. China is its champion, spending more on clean tech than the rest of the world combined. Europe cannot stay behind. for economic reasons. And that is the Green Deal – the new growth model to be on top of the latest economic developments. Electric vehicles are the perfect example. They are replacing the combustion engine like cars replaced horses and carriages. So if you are not interested in saving our planet by greening our economy, please do so for saving our economy.