Euro Newsport Magazine / March 2014

Euro Newsport Magazine’s March 2014 edition featured Bora Can Yıldız’s article titled “Using energy sources and revenues for the sake of the people”

Using energy resources and revenues for the sake of the people

The Middle East...

The people in this region suffer from great deal of poverty despite the rich underground resources. They are deprived of the basic needs such as hospitals, schools, infrastructure systems as well as of electricity -the most important need in the region-. Their needs have not been met for a period of about 30 years. They have been left behind due to the wars and domestic turbulences. There is scarcely any education. As a result of the uneducated and poor people managed under the effect of uncivilized mindset, terrorism occurs inevitably.

It is a great contradiction that the poverty and terrorism dominate the Middle East, while the most valuable oil reserves are, in deed, taken out there.

The revenues earned from the oil reserves in the region are unfortunately used to invest in the weapon and war industry. The money made out of the energy should be fairly spent to educate the people and meet the infrastructural needs in the region in the first place.  Even if a little portion of the oil revenue is spent for making a contribution to the art, education and moral values in the region, regional prosperity can be achieved.

No economy can afford to build a police station on every street or in each corner. This is not the solution. The unease and wars in the world will not come to an end unless the money made out of the energy is fairly distributed to the Middle Eastern nations.

The global crisis in 2007 affected the entire world, and the experts could not come up with a solution to resolve it. The machines printed Dollars, Euros and bills; however the crisis did not end. There was an important reason why it did not end; because it is not an economic but a moral crisis that dominates the world: the reason of the crisis was not the bills or valuable mines. The reason of the crisis was the greed and selfishness of the people as well as their never-ending ambition to collect and save money. For this reason, we have seen that we cannot achieve anything by investing in the machines, buildings, factories, concrete and iron. Crises would not stop in a society where egoism dominates, even if the mints print money for 24/7. Today we can find temporary solutions; however, much greater risks can break out in a few years.  

Turkey is the most rapidly growing country among the EU candidates and OECD member countries in the last decade. Yet, we still import 90% of the energy we need. The energy need of Turkey will double by 2023. Therefore, we have to invest in the clean nuclear and renewable- sustainable energy solutions. If we want to increase our power in the global economy and ensure prosperity, we have to accelerate the alternative energy investments. Thus, our government is taking steps in this direction.

                                                                                          Bora Can YILDIZ