Article written for AgerPres by Corneliu Bodea, CEO of Adrem and President of CRE
 
Two competing events take precedence during this period, each in a belligerent style, typical of these lands, full of unprofessional assumptions and comments.
 
It is, you guessed it, the political crisis and rising energy prices. Both effects of political mistakes, each with its minimally objective and predominantly subjective component, animates post-factum spirits and concentrates efforts in the administration of palliatives without any concrete effect in the treatment of causes. I will continue to refer to energy prices, politics being far from both my soul and my skills.
 
If we define that price is a market element that represents the cost of a commodity to which other components are added, which ultimately go through relentless struggle with competition to determine its final measure, value is defined as the measure of the same object, service, viewed from consumer, use value. Bodea specified this to make an important distinction that helps us understand that the price of this product is likely to rise much more than we are prepared to accept.
 
“The value (in our sense here) that energy has in our lives today is hard to estimate. Anything we might touch as an object around us, or think of as a service, is based on the need for energy. Philosophically speaking, not We should be surprised at this, given that the Universe itself exists by mysteriously trading the same energy. It destroys, but only transforms as Feynman teaches us. in terms of its price “.
 
He said in previous articles that the reason we came here, that is, when we found that the way we understood to exploit the planet’s energy resources is unsustainable and leads us to affect the planet’s climate, is mainly that when we built the price of energy, we disregarded the cost of the resource itself (generally fossils), evaluating it on the basis of operating costs, without taking into account its intrinsic value. Of course, this fact made possible the rapid development of society since the end of the nineteenth century. There may not be another smart solution, but now we have to pay the loan.
 
“I dare say that the decade we are living in will certainly be the decade of energy transition, the decade of painful tension to transform the way we have become accustomed to relating to energy. Unfortunately it is not an assumed tension and that is why we called it A sharp rise in energy prices is a way to put this transition at everyone’s expense, and its unpleasant effects will be reflected in everyone’s budget, in declining economic dynamics, in the need to increase accountability in the use of this resource. Under the pressure of rising energy prices, but also for all the products that depend on it, through pressure on the economy and the generation of unemployment, world governments will have to find political solutions to engage people in this combined effort.The need for leadership is thus greater than ever after the two great wars ie “, the expert continued.
 
He does not believe that this path will be smooth or straight.
 
“I am convinced that there will be bottlenecks, criticism and many detours. Unfortunately, as all reports show, climate change and its effects will be a sufficient incentive to return and complete this transition.
I also do not believe that the transition to an environmentally responsible economy will take place in the next ten years, but I believe that these are decisive for the major objectives to be achieved after 2050 “, Bodea said.
 
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