Date: December 21, 2006
Germany's duty of climate protection
And I also expect a lot of commitment from Germany. With the upcoming presidency of the G8 countries and the EU Council presidency in the coming year, 2007 will possibly be a year in which Germany can make her mark in foreign and environmental policy. And whoever takes a look at the agenda of the federal government for this period will see that the topics of climate protection and energy policy are core issues. Precisely the unity of the EU and the G8 economic powers under the leadership of Germany is indispensable. Here is in my opinion the economic chance for Germany. Those who read the financial section of the large daily newspapers will observe that climate protection embodies financial consequences. In one of its studies the Munich Reinsurance Company calculates the consequential costs of climate change by the year 2050 to be a total of 46 trillion US Dollars. The costs of current trade are lower than the expected damages.
But climate protection is developing more and more into a huge global business. Besides the investments that at first glance seem bizarre, in which a 15% rate of return for investment in funds that promote active measures for climate protection and CO2 reduction is offered, in order to subsequently sell the “climate protection credits” to emitters, there are more and more “sustainability funds” being generated, of which the investment criterion is, of course, sustainability. In the past years these funds have demonstrated an improvement in performance and cash flow. But ethical specifications are also coming into fashion in business. Decisions to voluntarily use renewable energies and company-internal objectives to lower the consumption of water and energy are being made to a greater extent.
But climate protection is developing more and more into a huge global business.
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At 8:05 AM, December 21, 2006, awipf said...
I too hope very much Germany can play a role in convincing othernations to follow suit, even if it is only through a strictly
economic argument.
At 9:48 AM, January 02, 2007, vggruen said...
Sorry, i dont think that our government does enough for climaprotection and sustainable development. In the last weeks the EU
reminds the german government that they dont do enough for clima
protection; also about emisson trade our government it could go
better, at the moment the give away the certificates but it would
be better to sell them!! Indeed we need a change in our
enviroment policy ; renewable energy are one of our new
industries; in the last years it was one of those industries who
build many new jobs . But not only our government hast to react,
we two ; we must have interests in renewable energys and
sustainable lifestyles. Its our dicision !!!
At 10:23 AM, January 02, 2007, sl77 said...
@vggruen, yes I think lot more could be done in Germany...Everybody is just so convinced, that we are on the forefront of
green technology but climate protection is still not on peoples
minds on a daily basis. I think part of the problem is that many
europeans rely too much on their government to solve problems.
What we need is awareness and each individual making a personal
effort.
At 3:17 PM, January 02, 2007, vggruen said...
@sl77, yes you are right, the poblem is often our lifestyle, thepeople themselves must react, but the question is, we can
politicans make laws that the decision for renewable energy and
energ saving are easier. That includes in Germany f.e. a
city-maut, and a limitation of driving , and more investments in
buses and tubes. we must also sensitiv for sustainable lifestyle.
f.e. since November it gaves the campaign to change your stream
toward stream from renewable energies. Thats our changes!!
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