Ursula Von der Leyen is just starting her #StateOfTheEU speech (#SOTEU) with "It was the best of times it was the worst of times"
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VdL asks if we rally together or fall victim toi those who want to divide us.
Highlights that we have withstood the economic crash of the middle east war and low unemployment.
She says "fiscal choices will have to be made to ensure fiscal sustainability while protecting investment"
️ #SOTEUVdL highlights the EU's economic clout, but underlines that it is often divided, highlighitng capital markets and savings union as necessities
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VdL highlights the EU's economic clout, but underlines that it is often divided, highlighitng capital markets and savings union as necessities
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VdL says the memberstates "need to step up" and "end goldplating
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VdL says the memberstates "need to step up" and "end goldplating
️ #SOTEUOn Fossil fuel dependency: vdl says since the beginning of the conflict in the state of hormuz, increased cost of €90bn, calls for renewable and nuclear expansion asap. The goal: independence and lower energy prices. The approach: electrify Europe: Double electrification by 2030, cut fossil fuel bill by €260bn per year.
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On Fossil fuel dependency: vdl says since the beginning of the conflict in the state of hormuz, increased cost of €90bn, calls for renewable and nuclear expansion asap. The goal: independence and lower energy prices. The approach: electrify Europe: Double electrification by 2030, cut fossil fuel bill by €260bn per year.
️ #SOTEUVdL highlights that too much generation capacity is "waiting to be connected to the grid". Highlights the need for far more investments in grid and storage.
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VdL highlights that too much generation capacity is "waiting to be connected to the grid". Highlights the need for far more investments in grid and storage.
️ #SOTEUVdL highlights the lack of level playing field with other partners. Our trade deficit is €1bn a day, and is causing deindustrialisation.
Says EU is engaged in a dialog, but the dialog must now lead to results.
"We will use all tools at our disposal to rebalance our relationship: words are good but deeds are better"
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VdL highlights the lack of level playing field with other partners. Our trade deficit is €1bn a day, and is causing deindustrialisation.
Says EU is engaged in a dialog, but the dialog must now lead to results.
"We will use all tools at our disposal to rebalance our relationship: words are good but deeds are better"
️ #SOTEUVdl highlights the excessive dependency on China, in particular when it comes to rare earth materials. Announces a "European Cooperation on critical raw materials" to "obtain and stockpile what we need".
"it isn't just our industry who depends on this, it's our independence"
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Vdl highlights the excessive dependency on China, in particular when it comes to rare earth materials. Announces a "European Cooperation on critical raw materials" to "obtain and stockpile what we need".
"it isn't just our industry who depends on this, it's our independence"
️ #SOTEUOn the EU budget: "our budget is about our future, and the budget needs new own resources".
She thanks Parliament for their support on this.
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On the EU budget: "our budget is about our future, and the budget needs new own resources".
She thanks Parliament for their support on this.
️ #SOTEUShe then moves on to banking, highlighting our companies need investment now, saying the banking system needs "a greater capacity and appetite for risk"
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She then moves on to banking, highlighting our companies need investment now, saying the banking system needs "a greater capacity and appetite for risk"
️ #SOTEUVdL highlights "iceeye", a project that "started between erasmus friends, and grew with horizon funding" and is now a massive space startup. And the founders are in the room today!
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@jmaris at least that part is not written by AI, then.
@androcat roo cringe to be written by ai
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VdL highlights "iceeye", a project that "started between erasmus friends, and grew with horizon funding" and is now a massive space startup. And the founders are in the room today!
️ #SOTEU"Our future prosperity will depend on how we manage the tipping points of our time".
"On #climatechange this summer was the summer of truth, almost no part of our continent was spared"
"probably the coolest (summer) of the years to come" and "europe is warming at double the gloabl rate"
"Europe can, must and will stay the course on our climate targets"
️ #SOTEU -
"Our future prosperity will depend on how we manage the tipping points of our time".
"On #climatechange this summer was the summer of truth, almost no part of our continent was spared"
"probably the coolest (summer) of the years to come" and "europe is warming at double the gloabl rate"
"Europe can, must and will stay the course on our climate targets"
️ #SOTEU"This is not about mitigation OR adaptation: we need both" VdL calls for more climate resilience, identifying 100 of the most vulnerable territories and 'assess the risk and the levels at which they must be managed'
VdL "adaptation technologies are a HUGE emerging market" (a little dystopian imho)
️ #SOTEU -
"Our future prosperity will depend on how we manage the tipping points of our time".
"On #climatechange this summer was the summer of truth, almost no part of our continent was spared"
"probably the coolest (summer) of the years to come" and "europe is warming at double the gloabl rate"
"Europe can, must and will stay the course on our climate targets"
️ #SOTEU@jmaris Too bad she also mentioned AI as the other tipping point.
How are these goals compatible?
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"This is not about mitigation OR adaptation: we need both" VdL calls for more climate resilience, identifying 100 of the most vulnerable territories and 'assess the risk and the levels at which they must be managed'
VdL "adaptation technologies are a HUGE emerging market" (a little dystopian imho)
️ #SOTEU"Far too often, national budgets become the ensurer of last resort". The Commission will set up a "Climate insurance alliance" and a "European heat wave plan", improving early warning systems and health preparedness, urban adapation and cooling".
She highlights water and food scarcity as a potential challenge, but highlights "European Pipes lose 1 in every 4 litres through leakage". A new "European water initiative" No details given.
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"Far too often, national budgets become the ensurer of last resort". The Commission will set up a "Climate insurance alliance" and a "European heat wave plan", improving early warning systems and health preparedness, urban adapation and cooling".
She highlights water and food scarcity as a potential challenge, but highlights "European Pipes lose 1 in every 4 litres through leakage". A new "European water initiative" No details given.
️ #SOTEUVdL says "Europe's #farmers are the best in the world and we will support them every step of the way".
On wildfires, VdL says she is proud of Europe's response, but says we need to think bigger and learn faster. The Commission has asked some of Europe's most senior fire fighters, looking at all aspects for preparedness and prevention, including new capabilities.
VdL has asked for proposals including a new European firefighting fleet.
️ #SOTEU -
VdL says "Europe's #farmers are the best in the world and we will support them every step of the way".
On wildfires, VdL says she is proud of Europe's response, but says we need to think bigger and learn faster. The Commission has asked some of Europe's most senior fire fighters, looking at all aspects for preparedness and prevention, including new capabilities.
VdL has asked for proposals including a new European firefighting fleet.
️ #SOTEUVdL highlights the story of a Danish pilot who "helped tame wildfires across our continent", however unfortunately he died in a tragic accident as heros. "All of Europe owes him".
Applause erupts and continues for about a minute. The pilots family, seated in the front row, are holding his portrait.
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@androcat roo cringe to be written by ai
@jmaris I mean, it must be kind of hard to write a speech when you have no soul.
But not as hard as for someone with a soul to work for such a soulless commission. -
VdL highlights the story of a Danish pilot who "helped tame wildfires across our continent", however unfortunately he died in a tragic accident as heros. "All of Europe owes him".
Applause erupts and continues for about a minute. The pilots family, seated in the front row, are holding his portrait.
️ #SOTEU"The second tipping point is #AI, it is foundational for our security". VdL sasy "we want to make the most of AI to improve our lives, it has the potential to benefit humanity if we get it right".
Highlights possibilities and massive risks. "As the frontier models become more capable, the risks have come into focus. Models will allow hacking on a level we never thought possible, and will soon be in the hands of adversaries"
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"The second tipping point is #AI, it is foundational for our security". VdL sasy "we want to make the most of AI to improve our lives, it has the potential to benefit humanity if we get it right".
Highlights possibilities and massive risks. "As the frontier models become more capable, the risks have come into focus. Models will allow hacking on a level we never thought possible, and will soon be in the hands of adversaries"
️ #SOTEUVdL highlights "incidents of AI's escaping their environment" and "CEOs of most advanced companies are saying to slow down and 'pace the frontier'".
VdL says the AI act is a "crucial piece". Says EU will step up with Canada and the UK on AI security/safety. Promises to invite the main frontier labs for a discussion on how.
️ #SOTEU
