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Contents Business Edition nr. 42
8 March 2007

French and Polish positions crucial in debate about binding RE targets

France, ready to sacrifice the climate to save its nuclear!

Climate change – a business perspective

Dutch firm embarks on second generation biofuels

Renewables in Germany: more than 200,000 jobs

Norway to scale up carbon capture and storage

Europeans support energy package

Editorial: Level playing field for Environment and Economy

In Brief

Agenda

Editorial: Level playing field for Environment and Economy
Sign of the times: last week UK Prime Minister Blair finally backed his State Secretary of Environment Miliband in his quarrel with Trade & Industry Minister Darling regarding binding EU targets for renewable energy. Likewise, German Chancellor Angela Merkel took the side of Environment Minister Gabriel against Economy Minister Glos. 

We have had to wait a long time to see this happen. Numerous times the environment tasted defeat in political discussions regarding energy supply, labour, economical growth or any other topic. Numerous pleas for the environment by heads of state only turned out to be lip service. Until now.

Tomorrow we’ll know whether the victory of Miliband and Gabriel was a Pyrrhic victory. If Commissioners Dimas and Piebalgs get full support for their energy and climate policies from the 27 Member States, Environment and Economy will finally be on a level political playing field.

This will have more than just a symbolic meaning. Foremost the consequences will be felt in the European economy – and not in the way many people feared. Like many sustainable energy businesses have already learned, the economic attitude towards environmental measures really pays. The PV industry is growing by almost 40% a year, and the wind energy business is booming albeit with a somewhat smaller yearly average. These young industries provide a lot of jobs, as Germany has proven.

Let’s rejoice in the coming victory - if not tomorrow then later this year - but let’s not indulge too long. The best way to look at the environment is still from an economic standpoint. Not just by using Excel spreadsheets to count the costs and benefits, but in an entrepreneurial way: taking the opportunities wherever we see them.

Rolf de Vos

Editor in Chief

 
Source: GP Newsdesk

             
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