Reduce Eurodebts by Thirty Percent With Sun and Wind

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Reduce Eurodebts by Thirty Percent With Sun and Wind

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Reduce Eurodebts by Thirty Percent With Sun and Wind PR Newswire THE HAGUE, The Netherlands, June 8, 2012 THE HAGUE, The Netherlands, June 8, 2012 /PRNewswire/ -- Energy concessions could offer relief for Eurocrisis The countries most affected by the

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Publié par	stichting-nederland-krijgt-nieuw-energie
Nombre de lectures	19
Langue	English

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Reduce Eurodebts by Thirty Percent With Sun

and Wind

PR Newswire

THE HAGUE, The Netherlands, June 8, 2012

THE HAGUE, The Netherlands

June 8, 2012

/PRNewswire/ --

Energy concessions could offer relief for Eurocrisis

The countries most affected by the Eurocrisis could reduce their debts

substantially with concessions for renewable energy.

Greece

Italy

Portugal

Spain

and

Ireland

have excellent conditions for harvesting

energy from the sun, wind and geothermal sources. They could give

their creditors concessions for large scale investment programs in

renewable energy that offer enough long-term financial profit.

This 'renewable-energy-concessions-for-debt-reduction-plan' was introduced by

a group of renowned economics and energy professors and proposed in the

Dutch daily 'NRC Handelsblad' last Monday. A thirty percent debt reduction is

possible if

Ireland

gives less than one percent,

Portugal

about one percent and

Greece

about two percent of its total surface into concession for renewable

energy production. The authors emphasize that

'the energy projects don't have

to exclusively be large-scale and on a few big pieces of land. They could

capitalize on vast opportunities for decentralized energy locally as well'.

The involved countries would be able to pay off a substantial part of their debts

to the creditors and at the same time they will also receive a positive stimulus

for their economy and employment from the construction and maintenance of

the projects. '

Especially the young generation in these countries who now face

a tremendously high unemployment rate will enjoy a new perspective for a

debt-free future with many opportunities for healthy growth. And Europe will

have more renewable energy with which to contribute to a cleaner, healthier

and safer environment for its citizens

', according to the professors.

The EU Committee on Economic & Monetary Affairs has been requested to

seriously examine this plan. The proposals met with positive reactions from

Liberal Democrat, Social Democrat and Green MEPs. They welcome all

innovative and creative input into the ongoing debate. Solving the financial

crisis as well as the energy and environmental crises requires out-of-the-box

thinking and new economic models.

Note for the editor:

Translated versions of the original article in NCR Handelsblad are available

here:

English translation*

German translation*

French translation*

Italian translation*

Spanish translation*

Portugese translation*

Greek translation*

* (Passages from) translated articles may be used as long as source is

mentioned.

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