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The author contends that overcoming the crisis requires surpassing national sovereignty in favor of a federal European Union to regulate financial markets and climate change. The text proposes a green economy based on massive innovation in green technologies and building insulation to create non-delocalisable jobs and reduce climate imbalance. Finally, it argues for a departure from traditional political strategies based on GDP growth and consumption, citing the reality of a world with limited resources.

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  • Addressing climate change and financial market control is impossible at a national level, requiring the European Union to move beyond 'sovereignist resistance' toward a federal fiscal area that could implement taxes on multinationals and financial transactions.
  • A green economy can generate industrial jobs and reduce climate impact through large-scale investment in building insulation and green technologies, which are described as financially profitable investments that do not increase public spending.
  • Developing renewable energy is presented as a means to lower energy costs and reduce international dependence while avoiding the risks associated with nuclear power.
  • The current crisis is characterized as both a failure of financial capitalism and an environmental crisis caused by excessive consumption and GDP growth in rich countries, necessitating a new strategy that acknowledges limited planetary resources.

Cite the original document

APA
Canfin, P. (2012). Ecology as a way out of the crisis. Green European Journal. https://www.greeneuropeanjournal.eu/ecology-as-a-way-out-of-the-crisis/
Chicago
Canfin, Pascal. Ecology as a way out of the crisis. Green European Journal, 2012. https://www.greeneuropeanjournal.eu/ecology-as-a-way-out-of-the-crisis/.
Wikipedia
{{cite press release |last1=Canfin |first1=Pascal |title=Ecology as a way out of the crisis |publisher=Green European Journal |date=1 March 2012 |url=https://www.greeneuropeanjournal.eu/ecology-as-a-way-out-of-the-crisis/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{canfin2012ecology, author = {Canfin, Pascal}, title = {{Ecology as a way out of the crisis}}, publisher = {Green European Journal}, year = {2012}, month = mar, url = {https://www.greeneuropeanjournal.eu/ecology-as-a-way-out-of-the-crisis/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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