Mary White (Carlow-Kilkenny, Green Party)

However, we also must look to the positives, by focusing on the knowledge economy and the green economy. We must consolidate our prospects in the knowledge economy through investment in third level education, support for research and development and investment in infrastructure and public services to make Ireland an attractive location for skilled workers and this is being done.

We must build a green economy. Government supports and schemes, as well as the current work on identifying areas in which the green economy needs greater support from State agencies, are vital. As a small country, Ireland can adapt quickly and make the most of the foresight of some of our European colleagues such as Germany, which has created more than 200,000 jobs in renewable energy, as well as the potential for indigenously-produced biomass to provide 10% of its fuel needs by 2020. The framework for sustainable economic renewal is an important blueprint to help us. In addition, the forthcoming Commission on Taxation provides us with an opportunity to create a more equitable and environmentally conscious tax base. The ESRI has stated that a shift from labour taxation to environmental taxation has a positive impact on employment and a more progressive taxation regime regarding wealth must accompany such a shift.

Finally, as a nation, we are a gutsy people who often are at our best when our backs are to the wall. We can turn this situation around, while being mindful of the opportunities. Seneca, who observed that life is very short and anxious for those who forget the past, neglect the present and fear the future, is a man for our times. Were we to learn from the past, be mindful of the present and fearlessly plan a way forward for the future, the old Stoic might approve of our actions.

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