(Videorozhovor) Analytik Ďurana: Dekarbonizácia ani výdavky na obranu nie sú príčinou slovenského deficitu

Mr Duran in your opinion are the EU's climate targets economically sustainable within today's macroeconomic context So high deficits slow growth pressure on social spending I believe the current situation in Europe is creating some obstacle or challenge to decarbonization because if Germany does not grow for three years in a row then those additional resources will no longer be available The resources we need to drive decarbonization are missing For instance the revenues from land use permits alone reach 40 billion euros These resources will still be available here next year and there will be funds for them The question is whether the pace of decarbonization in Germany for example We see the large-scale production of the chemical industry A total of 125 000 industrial jobs were lost there last year I think we'll find out about some changes to emission permits already this summer which hear the pleas of major companies that met in Antwerp They are once again urging the European Commission to take action regarding the high energy prices That is essentially the biggest problem facing the European economy Electricity prices here are 2.5 times higher than in Slovakia and the United States Thus the global industry loses that competitive advantage These costs are typically factored into future projections We've been missing such precise glimpses into the past and when it gets fairly complicated because you have to decide whether the company's investme stemmed from the need for efficient production for instance electrification means a overall reduction in energy consumptio and often a simpler removal or was carried out due to the necessity of reducing emissions To be honest in the energy sector that's quite good but industry it's rather challenging A significant number of households are either heating their homes or purchasing heat pumps o reduce energy costs or because they consider it important to reduce their emissions in this way Few are counting but we've heard that UHP is currently working on some kind of analysis Curious about what they're serving in there Critics claim the EU is purchasing clean energy production equipment from China I use it far less myself China could easily profit from the Union which is becoming dependent on China Moreover the EU falls further behind in competitiveness precisely because it supports Chinese companies What's your reaction I have no issue with one economy importing goods from another For me the benefit of globalizing international trade is clear And if anyone knows how to make it themselves let them do it The question is whether Europe has moved beyond this area in its development be aware of other areas where she might find new competitive advantages a chance to dominate once again This has long been a persistent issue for the EU namely the availability of capital resources ax environment 27 different labor laws These hinder the development of new large firms the Union needs to eliminate these burdens From the perspective of public finances it is realistic to fund climate targets Will the EU's next budget be funded without raising taxes or increasing debt It's no surprise that the combination of climate regulations and high energy prices Will relocating industry outside the EU accelerate growth I'm very curious how the negotiations will ultimately end the upcoming budget I believe the Union does not need additional resources In fact current resources need to be used more effectively It can often be seen in such ineffective usage there I honestly think the Union shouldn't be setting up new tax companies either as part of his budget Regarding of course decarbonization a significant number of companies and individuals have a natural motivation to decarbonize It's only because that carbon has to be paid for and that carbon isn't free The second point is that the state obtains 200 to 300 million euros from auctions What additional resources can you use for this Alone that's such a paradox—precisely because the high price itself is what makes her solitary Electricity serves as a driving force for numerous households and businesses alike o investments in renewable energy sources thereby saving in this way There are simply no variations there If were to propose a more realistic model of climate policy How do you think it would look Fewer regulations more market-based tools How would that look to you There would definitely be fewer regulations there since the entire complex The process of designating or delegating therapists is fairly complicated Fortunately costs have significantly decreased in recent times guidelines that actually produce ESG practices thereby significantly reducing The company will be subject to this regulation I think that market tools that are pre-orderable and it is a clear flat rate applied uniformly a more effective tool than a complex array of numerous objectives specific and detailed requirements for each method Final question Do you think it's appropriate that climate expenditures Should Mali prioritize investments in defense over reducing its debt That's a political issue I'm an economist so frankly I can't really comment on it because it is free from political bias So the fact that Slovakia has a significant deficit is not due to either by de-carbonization nor by higher defense spending but rather by an ineffective policy in the field of social transfers a public administration agency with far too many employees an inefficient management of funding for healthcare services Not even decarbonization and I repeat once more not even decarbonization The Ministry of Defence is not the cause of our deficit Thank you very much for the interview