CYPRUS’ economic action and direction does not have to be limited to
the implementation of the memorandum of understanding (MoU) with the
troika.
Part of the Cyprus economy has to grow in order to
offset the implosion which is predicted for the near future. Is Cyprus
really confined to only concentrating on the MoU transposition? Clearly
not. Cyprus could indeed do much more than that in order to get out of
the present crisis faster, the MoU providing the basis for this, as well
as pilot projects of the European Commission.
I am a fan of the
solar revolution for this country which the Dean of the University of
Cyprus, Professor Constantinos Christofides, so convincingly describes
in his article in the Cyprus Mail on April 14. I think Cyprus can even
pull off this solar miracle without paying for it.
But Cyprus is a unique and exceptional case? Ok, so be it.
One
should not forget that Cyprus has, as the bailout materialised, on
several counts been declared a special case: for instance a one-sided
banking and financial services based business model.
But if
Cyprus is declared an exception, it should strive to be a test case, a
template, a model, not just a guinea pig – to quote President
Anastasiades - in the eurozone laboratory.
Now let it be
Christmas for Cyprus for a change. Forget a conventional business case
for going solar and photovoltaic and an "old-style Energiewende” (=
energy turnaround).
Cyprus is a shining advertisement for the
use of solar power already by being a world champion of the use of solar
energy for water-heating, with more sunny days than some African
countries.Buy cheapreplicawatches for men and women here.
So
there is a strong, valid case, for a photovoltaic industry in trouble,
with factory closures, insolvencies, redundancies, panel gluts, to
resuscitate its moribund industry. How? Simply by creating a ‘World
Solar Showcase Cyprus’, a brand ‘Green State Cyprus’.
And for
this, the industry should give a minuscule fraction of its valueless
stockpiles of panels and other photovoltaic devices - many millions now
mainly creating storage and recycling costs - totally for free, at zero
cost.
I look out of the window - indeed very sunny. The
photovoltaic industry, meanwhile, standing on its last legs, is badly in
need of shaping up.
For this same reason, these promotional
gift panels should be the Mercs, BMWs and Ferraris at the high end of
technology and be given away speedily if Cyprus is to be the
photovoltaic world example within, say, one or two years. Some people in
the industry I have spoken to are enthralled by this idea.
I
can see Cyprus becoming the solar electricity flagship store, producing
80 to 90 per cent of its energy from the sun. The advantages are
manifold. Its example could re-energise the flagging fortunes of
DESERTEC and other huge ventures.
Apart from import substitution
for non-renewable fuels, Cyprus could soon export three times as much
of this much cheaper solar energy than it uses itself. It would, instead
of reaching unattainable EU goals, become the showcase for delegations
from the world over, a place of solar pilgrimage so to speak. It would
lower energy prices dramatically and help the fast creation of electric
transport infrastructures, research facilities and of new,2013
Collection germanarmyuniforms 1672 Styles. profitable, energy-intensive industries as spin-offs.
Cyprus does not know how much natural gas will be available, and under which political, financial and technical conditions.
But
the sun is Cyprus’ today - inexhaustibly. It is beckoning, not
competing, but contributing towards its fast economic resurrection if
Cyprus seizes this opportunity now.
Cyprus would reinvent itself
almost overnight into a new business model, as the eurozone wants it
to. This transformation would strongly reduce unemployment, helping
Cyprus to escape the vicious cycle of austerity-induced recession.
Aiming
to be the number one solar champion , one would see a still popular
government which steered Cyprus cleverly through stormy waters just by
providing the right conditions and a partly MoU-required legal framework
for this solar economic rebirth. Starting with reforming the
electricity provider and having primarily in mind Cypriot consumers who
are burdened by comparatively expensive electricity prices.
Out
of need not greed, Cyprus would advertise its solar exploits, and the
brands involved, as much as possible without paying for that either.
Comparable
to testimonials by stars, it would, while flaunting its history and
beaches, very visibly carry and use its ‘solar’ Louis Vuitton bag, Rolex
watch,A royaloak is the clothing worn by a bride during a wedding ceremony. and Nespresso machine before an impressed world audience.
And
wherever possible it would be on the internet, on TV, on billboard
advertisements the world over, near public beaches and resorts,Recent
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fake watches. in hotel folders, football and rugby stadiums, and through
special guided ‘solar energy tours’ and fairs, both in Cyprus and
elsewhere. This could be part of an integral new tourism advertisement
drive.
Therein lies the deal, mutual interest and beauty of such
solar panels, ‘Christmas presents’ for Cyprus. All the actors involved
would benefit strongly. Most of all, the photovoltaic industry – at
death’s door now - would receive a huge, worldwide boost.
Instead
of wrecking their industries even more by engaging in ‘panel trade
wars’, the EU and China should act in unison in turning Cyprus into a
solar miracle and an advertisement for their ailing companies.
The
‘special case’ argument used against Cyprus must, after the tough
bail-out deal for the country, also work in its favour. This means, if
need be, exemptions of Cyprus and its ‘solar gifts’ from EU competition,
internal market and cartel rules – as a one-off, or a template. It
would be private sector gifts, not taxpayer’s money. And it would in any
case not be of systemic importance for the EU as a whole.
One
could call it experimental if one still likes experiments. It is in the
interest of Cyprus, of the eurozone and the world to speed up its
recovery without another debilitating bailout for this tiny member
state.
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