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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Europe faces deadly cost for climate inaction

Europe faces deadly cost for climate inaction | The Great Transition | Scoop.it
A study by the European Commission spells out the probable cost to the continent of failing to act to reduce the impacts of climate change.
Willy De Backer's insight:

200.000 lives per year - and a cost for EU taxpayers of at least 190 billion euros per year - how economic and political elites are squandering our future.

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Stephane Bilodeau's curator insight, July 13, 2014 6:24 PM

New study quantifies the effects of climate change in Europe 

JOINT RESEARCH CENTRE The European Commission's in-house science service

http://europa.eu/!xW86PG


The study weighs the bleak consequences of inaction. Scientists considered what would happen if the politicians and players on the continent worked with international partners to constrain global warming to a 2°C rise, or alternatively took no action and allowed global temperatures to soar to 3.5°C. They analysed the impact of climate change in agriculture, river floods, coasts, tourism, energy, droughts, forest fires, transport infrastructure and human health.

 

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Contre le discours dominant sur la dette publique

Contre le discours dominant sur la dette publique | The Great Transition | Scoop.it

Deux narrations ... contradictoires de l'histoire de la dette publique déterminent deux réponses antagoniques. Selon l'histoire officielle, une cure sévère d'amaigrissement budgétaire s'impose, sans débat autre que sur les modalités, pour que la France restaure ses finances publiques et que ses entreprises redeviennent compétitives. Dans la narration alternative, à l'inverse, la clé de la situation réside dans une réforme fiscale redistributive, couplée à une cure amaigrissante et une mise sous tutelle... du secteur financier.

 

In Le Monde, five French academics provide one of the best analyses of the current European debt crisis.

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David Cameron's 'no' is bad for Britain and for Europe

David Cameron's 'no' is bad for Britain and for Europe | The Great Transition | Scoop.it
Timothy Garton Ash: The EU will never be the same again.

 

Although I agree that the 'no' is bad for Britain and Europe, I disagree that the EU will never be the same again. It is more the same than ever before. It is still hooked on its belief in socially unjust austerity to save the myth of the "free market" and still believes "economic growth" will get us out of the sovereign debt mess.

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The euro debt crisis must force a re-evaluation of capitalism

The euro debt crisis must force a re-evaluation of capitalism | The Great Transition | Scoop.it
Tom Strohschneider for Der Freitag: The future of the European Union is under threat if leaders continue to placate the banks in enforcing austerity measures...

Another plea for rethinking neo-liberal Europe.

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Deepening the EU or time for a re-boot?

Deepening the EU or time for a re-boot? | The Great Transition | Scoop.it

"What we are experiencing with these appeals for more Europe is no more and no less than a drive for more of the same Europe. Political and economic elites are trying to save a model of Europe which they created after 1992 and which is based on the deregulated casino capitalism where “the market” should be given as much freedom as possible to create wealth for the few, which can later be “shared” with the many. It is a Europe for the power and wealth elites, not for European citizens."

 

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Giorgio Clarotti's comment, September 14, 2011 2:40 AM
Interesting view Willy. Europe is seen by many, certainly in my natal Italy, but also, as I was discussing yesterday in soon to be EU "newest" member, Croatia, as the way out from the current political crisis. Hence the quest for "more" Europe.

You suggest the new "Council for the Future of Europe" would be a return to a "market" Europe. But what it also seeks, is a return to a Community Europe, led by the institutional triangle Council, Parliament and Commission, with respect to the "inter-governmental Europe" of the last decade.

Where I agree with you is the risk of having a top-down Europe. Schroeder and Blair, for example, are two of the architects of this "inter-governmentalisation" of the EU, at the expenses of the Community method. However, Europe has always been a top-down construction. The change is that today, people are apparently not in phase with their elected leaders.

And here lies an opportunity for the jump to the "Transition" scenario. The EU has pioneered a strategy aiming to greatly reduce energy dependency by 2020. If German and Italian voters are consistent with their electoral choices, they should help save energy and switch to a slightly different, lifestyle so that the EU can really become the first continent to make the transition you advocate.

If I were Mrs. Merkel, I would go to the next elections with something like a De Gaullian "Ich habe dich verstanden: I promised we would close our nuclear stations, now you start buying more electric bikes and Smarts instead of Audis and BMW… And vote for the CDU next time".

The real problem is that people are sometimes not consistent with their voting options. In Italy, two overwhelming referenda struck down nuclear energy, an area where Italy was a leader, but cars are still queens of the streets and energy savings are not the norm.
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The Twilight of Investment

"It’s one of the mordant ironies of contemporary history that Europe fought two of the world’s most savage wars in the firt half of the twentieth century to deny Germany a European empire, then spent the second half of the same century allowing Germany to attain peacefully nearly every one of its war aims short of overseas colonies and a victory parade down the Champs Élysées."

 

Brilliant analysis by John Michael Greer of Europe's debt crisis and the global context of failing economic growth. Must-read.

 

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New fiscal compact does not solve European Union’s existential crisis

New fiscal compact does not solve European Union’s existential crisis | The Great Transition | Scoop.it
Is this it? Have the Euro and the European Union been saved? In all the media noise about the splendid isolation of Britain, one might forget that the EU is facing not one but several crises and that the “fiscal compact “summit might well have postponed or even killed the more essential debate on its political future. This could have been the crisis which the EU should never have wasted.
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Eurozone debt web: Who owes what to whom?

Eurozone debt web: Who owes what to whom? | The Great Transition | Scoop.it

The BBC News web site has this very informative graph showing the scale of foreign debt owed between key eurozone countries and the main world economies.

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EU carbon price ‘should be €40-60t’

EU carbon price ‘should be €40-60t’ | The Great Transition | Scoop.it

"Carbon allowances should cost at least €40 ($54.57) each, according to the long-term fundamentals of the EU Emissions Trading System (ETS), says analysis firm Bloomberg New Energy Finance (BNEF)."

 

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