Hamid-Reza Khoyi: "Decarbonisation goal: nuclear is part of the solution"

HAMID-REZA KHOYI NUCLEAR - The climate crisis before, the war in Ukraine after, led us to reflect more on the topic of nuclear power. I’m not talking about it in terms of a weapon of destruction, but as a possible source of energy. The controversies about this possible use are multiple and almost all related to the safety of the installations. The Chernobyl and Fukushima disasters are alive in the memory of many generations still alive. But is it still valid today to use these examples to obstruct the use of nuclear energy as a source of clean energy? Let’s talk about it together.

Global Warming

The Paris agreements have established that every nation - but also individuals - must commit to implementing plans that allow us to keep global warming below 1.5,000 by 2100. Despite this, there is growing fear that temperatures will reach the point of no return between 2023 and 2052. For this reason, efforts have been intensified, also by the UN itself, to find the best solutions to reach the climate objectives of the 2030 Agenda as soon as possible.

The IPCC, the Intergovernmental Panel on Climate Change, the UN body responsible for evaluating scientific research on climate change, published in 2018 the "Global Warming of 15 ºF C". It is a report based on 6 thousand different studies, from which emerged four possible and feasible scenarios, reported by "Avvocato dell'Atomo".

1- Scenario of efficiency:

"The demand for energy falls thanks to the efficiency of social, technological and business processes by 2050. It remains only to reforest.

2- Scenario of sustainability:

It foresees an increase in the use of sustainable and low-carbon energy, international cooperation; sustainable consumption patterns and the use of Bioenergy with carbon capture & storage (BECCS).


3- Realistic scenario

A middle way: technological and social growth continue at current rates following historical cycles. Emissions are reduced by changing the way energy is produced.


4- Turbo scenario

Intensive global growth. Pollutes at the throttle. How do you reduce emissions? With a massive use of BECCS and CDR (Carbon Dioxide Removal) technologies.

What do these scenarios have in common? All predict an increase in the use of nuclear energy: from 59% to 106% by 2030; from 98% to 501% by 2050. "


Hamid-Reza Khoyi: "Decarbonisation goal: nuclear is part of the solution"

The "Global Warming of 15," C, not only refers to nuclear energy, but also to renewable energy sources. Yes, because nuclear energy is not the solution to decarbonisation but is part of the solutions. Its use cannot, of course, be exclusive, but shared. In fact, both nuclear and renewable have limits.

Let’s start from renewable

They are coach energy sources and not available all over the planet. For example, hydrological sources are limited and alone are insufficient to meet energy requirements. With regard to biomass, they can lead to the opposite effect: increasing our impact on the environment. If plant operators pay more attention to profit than to the well-being of the environment, they could cause massive deforestation to increase revenues.


The nuclear

Nuclear power can cover 20 to 70% of energy needs. Already this data shows us that alone can not cover the entire demand, even if these numbers are much higher than the renewables taken individually. The old generation of reactors, however, needs a large number of water resources to operate and this makes it unusable and highly dangerous in those areas of seismic and hydrogeological risk.

The combination of renewable and nuclear energy, however, should not arise just to make up for the lack of one or the other. They can also be used together to help one increase the use of the other. For example, it is very difficult to obtain permits for the construction of new dams to be used to create artificial reservoirs to produce water energy. If we had more nuclear power plants, we could use them, for example, to supply existing ones through pumping systems powered by nuclear energy. This would create a green production circle that definitively excludes the use of coal and provides a sufficient amount of energy.

The controversies around nuclear energy

The main objections to nuclear energy mainly concern two aspects: safety and the disposal of waste.

When it comes to security, those who object seem to raise a wall that doesn’t allow them to look any further. And what’s beyond that? The technological growth. We are, in fact, condemning systems that today rely on power plants 50 years ago and do not look at progress and evolution made. We cannot rely on the mistakes of the past. There have been massacres - very true - but they come from mistakes that have allowed us to learn. Technology has made great strides in recent decades. Today’s power plants are much more protected and safe so that, now, the purpose of the studies, focuses on making them smaller, so as to occupy less space on the territory.

Power plants may take up less space in the future, but they need to be given that space so that they can be planted. In Italy, for example, many places have been identified to accommodate a nuclear power plant, but nobody wants to make them available. Why? Everyone is afraid of radioactive waste. I do not have the technical skills to be able to give you all the explanations you need, so I invite you to read this in-depth study of the Italian Nuclear Association, which talks about nuclear waste.

What I can say is that we cannot play the blame game with the preservation of the planet.

Change your mind!

It’s never too late to change your mind. I’ll give you the example of Switzerland. There are four nuclear plants in operation here and it has been decided that they will all be closed by 2025. For the moment only one has been deactivated, but only in 2034 the area of the abandoned plant can be used. For the other 3 we do not know anything yet and it is very likely that it will not come to the total shutdown. The current state of events could in fact lead to the decision - in my opinion more appropriate - to renew the power plants still in operation, which date back to the 1970s.

Of course we cannot say that nuclear power is perfect, but we cannot deny the benefits it can bring and the great strides that have been made. We do not exclude it regardless but let’s welcome it and integrate it with other green energy sources and save our planet.

READ ALSO -> 5 trends for a sustainable business

Motorsport: not only entertainment but research and development

MOTORSPORT RESEARCH DEVELOPMENT - In Formula 1 the Red rises again. It rises from the ashes of an agreement signed with FIA in 2019 of which most of the details are unknown. One yes, however, and it concerns the development and research on E10 fuel that today is partially used to fuel the new era of Formula 1 single-seaters. We are not here to talk about the advantages and disadvantages that the agreement may have led to the Scuderia di Maranello in the design of a machine, who said of his driver Charles Leclerc is a "beast", but how motorsport has always been fertile ground for the study and development of cutting-edge solutions to be brought back in the production of road vehicles that we use every day.

How motorsport contributes to the development of road vehicles

Historically, car and motorcycle racing have always been fertile and economical grounds for field testing new technologies to be installed on series cars. Among the best that have been put under the magnifying glass we find reliability, performance elements essential for a racing vehicle, but also strength of the frame, engine performance and with the increase in sensitivity to green solutions also less polluting electric motors and fuels. Among the manufacturers most active in this regard are Psa (with Ds Automobiles, Peugeot and Citroën), Ford, Hyundai and Toyota, and Ferrari. The latter has been included in this list much more recently than the others and in particular is engaged in the study of electric motors and fuel E10, in collaboration with the partner Shell.

Synthetic fuels, the future of car power

The F1 cars are a new generation and have brought many innovations to the stage. These include E10 fuel, a mixture of 90% fossil fuels and 10% plant-derived bioethanol. The Formula 1 project, however, is to get to 2025 with 100% sustainable fuels. The oil company Shell has thus assumed a fundamental role in the analysis and study of ecological fuels for F1 of the present and the future.

"It is definitely a huge change, but a fundamental step to make Formula 1 more sustainable," says Binotto, Ferrari team principal. "F1 has always been a platform for innovation in terms of performance, reliability and technology, and from now on it can also be a platform for sustainability. Total electrification is not the only solution, we believe that there are other solutions such as, for example, hybridization with fully sustainable fuels".

If full electric is not included for the top car category, it is for other categories, mostly promised by Alejandro Agag.

Motorsport and the development of electric motors

To date there are numerous races with vehicles powered by 100 electric motors: Moto E, Formula E, Extreme. But not only that, 2022 did not have time to start that we already saw a mixed competition. Audi has decided to participate in the Dakar with three totally electric vehicles, never tested before. The cars, one of them driven by the Rally Champion Carlo Sainz, after an initial hesitation, proved to be able to manage very well among the dangers of the desert winning and placing in the top positions in many stages.

The vehicles and the full electric racing cars have allowed today to have cars with rechargeable engines with equal acceleration, if not superior to a combustion engine among the most powerful. In this field, however, there are still many limits to be studied and solved: price, battery maintenance, distribution of charging stations, autonomy, the main ones.

Not only engines and fuels but also tyres

The contribution of motorsport to road car improvements is not limited to the technologies that make them up or to engine power systems, but also to tyres. Single-seater races with open wheels usually have smooth, grooved tyres only in case of rain. Formula E is an exception. Michelin, the sole distributor of tires for this series provides the teams with only grooved tires, just like those from the road. This, however, single-seaters only run on city circuits and in races there is no tire change in case of rain. And it is precisely on the conditions in case of wet asphalt that the studies focus.

Uno degli elementi che viene osservato è la reazione delle gomme con la pioggia, in particolar modo relativamente al fenomeno dell’aquaplaning. Questo è infatti un fenomeno molto pericoloso per gli automobilisti, anche per i più esperti, compresi i piloti da corsa.

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Defi, discovering Decentralized Finance

DEFI DECENTRALIZED FINANCE - Very often in recent years we hear more and more often about defi, Decentralized Finance. But do we really know what is meant by this term and do we know all the tools it uses? Let’s find out together.

Defi, discovering Decentralized Finance

The defi, decentralized finance, is the set of services that offers a classic bank but in a decentralized way, therefore in the absence of a hierarchy or central control.

At the basis of the defi we find smart contracts, or smart contracts generated by an automated computer program, which automates an action to the occurrence of certain requirements. The goal of smart contract is to make it possible to make all types of transactions, mostly financial. Within the defi can take place an exchange of value, loans and remunerated deposits, data sharing and so on.

Decentralised finance makes it possible to eliminate intermediaries partially (by definition weak) or totally (by definition strong). The former relies on traditional peer-to-peer platforms, while the latter uses Distributed Ledger technologies. Distributed Ledger is a collection of archives that have the same data records, subject to maintenance and control through a complex of computer servers, called nodes.

Dapp, the decentralized applications

The main purpose of decentralized finance is to create dapp (Decentralized Apps or decentralized applications) that target end users, offering financial products accessible to anyone, setting interest rates automatically on the basis of supply and demand. The only tool they need is a wallet containing crypto or tokens. These dapp have common characteristics that make them perfect for this type of products, among which we can remember:

Until now, the majority of Dapp built are located on the Ethereum Blockchain that in 2021 moved a volume of transactions greater than Visa, equal to 11.6 T of transactions against about 1OT of the payment giant.

Examples of application of the definition

Hedera has partnered with Neuron lnnovations, a London-based aviation technology company, to test the safe sharing of airspace by commercial and military drones. The UK has selected these drones that have performed a collection of millions of data points, taking advantage of Hedera’s public register consent service to "collect, store and order". Neuron sensors recorded the location and direction data of the drones, while Hedera’s consent service recorded the data collected by each drone on its decentralized public ledger. The main result that attracted interest is the demonstration of monitoring unmanned vehicles.

Palau

Palau is an island in the Pacific Ocean located about 500 km east of the Philippines, and became independent only in 1994. At present it does not have its own national currency, since it still uses US dollars, of which it was part until 1994 and with which it has maintained excellent relations. In November 2021 they announced the collaboration with Ripple and it is expected that within the first half of the year the national stablecoin will be launched, guaranteed by the government and collateralized in USD. As a result, the interest on the part of the state to exploit the ripple blockchain that allows a reduced power consumption and scalability at low cost.

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5 trends for a sustainable business - Hamid-Reza Khoyi

SUSTAINABLE BUSINESS TRENDS - Environmental awareness is on the rise and by 2022 it will be increasingly a focal point. Both consumers and companies will look at you. Hamid-Reza Khoyi summarized in 5 points what will be the trends for the current year.

5 trends for a sustainable business

1. Data

One of the goals that companies will try to pursue for 2022 will be to make their environmental impact measurable. A first step in this direction is to carry out accurate cartoteca or inventory. In this way we can proceed to the verification of the infrastructure, the machinery, the food, the transports of the employees. Once you have made a well-organized list you can proceed to calculate the environmental impact for each item. The process to be implemented is not easy, especially in the start-up phase. To make it easier it is important to start early.

From a practical and economic point of view, in order to start analysing its environmental impact, a company has to bear internal costs, sometimes high, but which, within a reasonable period of time, will bring benefits. Obviously the initial effort will be different from company to company. In order to try to reduce start-up costs, it might be interesting to start from internal surveys, related to, for example, compatible data. Another move not to be underestimated is to think about the building where the company operates.

As an employee, different companies can have different ways, costs and problems in making their environmental impact measurable. But once the process is in place it will be similar to collecting other types of financial data and drawing up a budget. Moreover in the medium-long term this type of approach will bring of the benefits going to reduce also some financial costs. Benefits can also come from communicating and sharing your data with consumers.

2. Finance shall aim at sustainability

Incentives to make your business more sustainable come from all sides. Not least the world of finance. In fact there is more and more the tendency to invest in green realities. This attention stimulates companies, listed on the stock exchange, or with the intention of doing so, to make themselves as sustainable as possible. Not only in the field of green, but also looking at all other aspects of sustainability. To support this, research claims that 53% of the big players in the financial sector say that sustainability will be "central" to their business in the future. These figures should not be underestimated.

3. Coherence

The trend for a more sustainable business cannot fail to be consistent. The phenomenon of Greenwashing is widespread. After two years of pandemic, however, consumers have learned to make better choices and to be very careful about this type of behaviour. It therefore becomes more and more fundamental for a company to be consistent with what it does and what it declares. The messages that the business sends must be in line with its actions. Otherwise they risk that everyone turns against it like a boomerang.

4. Renewable energy suppliers and sources

The fourth trend is perhaps the one that makes others possible. Choosing to rely on sustainable suppliers and sources greatly simplifies things for our business. In fact in the medium and long term it can also help and bring an advantage in reducing costs. Initially it certainly requires a large investment, but in a reasonable time brings benefits and will weigh on the investment capacity of the company.

State and government incentives can be provided to help companies make this transition, but they change from case to case. Obviously, the issue is very different even if you own or do not own the factories in which you work. Being subject to a rent does not allow the same freedom, of course, to be owners.

This choice will also affect consumers, but not necessarily negatively. Surely you may experience an increase in the prices of the final product. But, as mentioned above, buyers are increasingly attentive to sustainability, so the fact of having a product that costs something more because green does not necessarily mean losing market share.

Moreover, in the medium and long term, relying on 100% green choices makes companies more competitive on the market. Both for the sale of its products and for the choice of its employees. In fact, it will attract more qualified people because they are more interested in turning to employers who believe they are choosing a sustainable path. The same applies to businesses that supply goods and products to multinationals, which must prove to be green in order to continue to comply with their collaboration contracts.

5. Transparency towards all

As already widely said, a process of greater awareness of sustainability is underway. This is supported by UN research, in which 70% of people are now more aware of the environment than before the pandemic. Not only 40% want to actively change their habits to live more sustainably. What does this mean for a company? That from now on you will no longer have to look only at the interests of your shareholders, but also at all other stakeholders. This includes investors, employees, suppliers and consumers, for example.

This implies many problems since they are different categories and with needs and interests that do not always match. The only thing they have in common is the need for transparency. So far, the UN is only asking larger companies to make their emissions data available, but that doesn’t mean smaller companies don’t have to. Surely, however, we will arrive at a time when they will also be explicitly asked. We might as well prepare first. Also because it is not a simple process. First you have to make a cultural change. It is a difficult step. But necessary, also because it is not far off a future in which quality brands will arrive that certify the sustainability of a company. Already in recent years there has been growth among the B corp.

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Less taxes, but for all: the liberal revolution in the fiscal manifesto

FISCAL REVOLUTION - For Italy that of fiscal and economic reforms is not only a necessity that can no longer be postponed, it is a great challenge and a knot to be solved for the future of the country. The tax revolution we are proposing should move on the dual public-private track. The public intervenes in major works, while the private enters with its entrepreneurial activities in support of the State and to carry out innovative industrial projects that create jobs and culture and redistribute wealth among citizens.

Tax revolution in Italy

Considering the critical situation in which the country finds itself, urgent measures and exceptional choices become to definitively transform Italy into a modern nation and up to its possibilities. These reforms must not look to the immediate, to the present, but to a future development with an inclusive and productive vision (a slow reform - step by step - but constant over time, that completely changes the roots of the tax system).

The inspiring principle is that of investment, the state that does what the company alone can not do and that promotes innovation: if I attract activity in the territory with short-term tax incentives, in the long term will create an economic induced growth and wealth (not only economic but above all cultural). With such a structured plan foreign companies can also decide to settle in Italy.

Da tempo, troppo tempo ormai, l’Italia è priva di una guida politico-economica forte, che decida e realizzi le grandi riforme che possono mettere in marcia una crescita costante per quella rete infinita di PMI che rappresentano -non scordiamolo mai- la linfa vitale del sistema produttivo italiano.

The trend of other countries

In other Western countries the trend is the opposite: simple bureaucracy, fair taxation, incentives and aid to companies on the national and international market, true friendly tax, the possibility of interacting with any apparatus and level of the State without waiting decades, Clear legislation and immediacy in changing guidelines and rules according to new market situations.

But it is precisely today, when Covid has highlighted our weaknesses, that we must create the conditions to be protagonists and overcome our critical system. Companies are looking for optimal conditions to be able to invest and produce: we need incentives for those who hire, for those who bring new technology and know-how to the territory; we need a different taxation, with lower rates than the ordinary ones, for those who sell on the international market; it serves the possibility to operate also like a holding company of participation for all own branches in the world and therefore also in this case with a different treatment regarding the normal taxation of the dividends received from foreign branches.

E poi ancora: le infrastrutture ed i collegamenti sono fondamentali per la crescita economica di un’area geografica. Dal primo gennaio 2018 c’è una legge in vigore in Italia che riguarda la Zona speciale economica, che interessa tutti i porti del Sud Italia, scritta e realizzata sui modelli delle zone franche di Barcellona, Rotterdam, Suez. Ma nessuno lo sa e la cosa più grave è che nessuno fa niente per portare avanti questi progetti! Una legge fatta e scritta benissimo che però nella realtà non trova applicazione per l’incompetenza e il disinteresse delle parti in gioco.

Less tax burden. So less black, so they pay everyone, so the state collects more

An enlightened State must also simply understand why a company moves its headquarters abroad and then try to recreate in Italy those same conditions -or even better- economic-legal that the company has found abroad.

If then in Italy we really thought about lowering taxes, with a fairer tax scheme, we would help solve the problem of black and evasion and would leave more resources to private consumers to boost consumption: with lower rates, everyone pays and the state collects more!

LESS TAX BURDEN SO LESS BLACK, THEN THEY ALL PAY, THEN THE STATE COLLECTS MORE

Proposals for a tax revolution

These are the proposals for a tax revolution that frees the enterprise and generates wealth:

1) CORPORATION TAX

General tax rate at 15%; creation of the TAX RULING institute and APA, that is, the possibility of dealing with tax rates at the beginning of business for 5/10 years; rates for new business are traded, processed and decided in advance with the tax administration (As a very general example: the first year a corporate tax rate could be 2%, 3% or 4%, and then gradually growing depending on the business and/ or turnover, and/ or profits, losses, investments and market trends, etc.). In any case, research, study, scientific development and new technologies will be further rewarded. No other type of direct or indirect corporation tax will be provided for. Other incentives may be regulated in case of hiring with open-ended contracts.

2) IVA

General rate at 15% (to increase consumption)

3) PERSONAL INCOME TAX

Rate for income from:

4) PROPERTY TAX

Tax on planned assets on a total of assets in ownership (securities, real estate, etc.) of a value equal to or greater than 5,000,000 euros with a rate of 0.5% (excluded from this property tax and therefore from the calculation is the first house in ownership).

5) Incentives for foreign investment by Italian companies

For all Italian companies that invest abroad total tax exemption on income received by the subsidiaries and/ or stable foreign organizations such as: dividends; interest; capital gains; royalties. Foreign investees and permanent establishments shall not be resident in tax havens. Foreign activities must cover the following sectors: industrial production, engineering, design, scientific research and development and export of Made in Italy (excluding all banking, financial and similar activities).

6) ITALIAN HOLDING COMPANY (SPI)

Possibility for foreign investors to set up financial and industrial holding companies in Italy with the following advantages and conditions. The foreign member of the SPI must not be resident in a tax haven; the income of the SPI from activities outside the Italian territory (excluding tax havens) are exempt such as dividends, interest, capital gains, royalties. The income produced by the SPI in Italy will be taxed according to the general internal rules mentioned in point 1 above. A specific rule could also be provided for foreign managers who move to Italy to work for the SPI - so that they have never been first resident in Italy - setting a rate, for example, 15% for 4 years on all the income they received as natural persons both in Italy and abroad.

With regard to the distribution of profits from the SPI to the foreign shareholder, no withholding tax will be provided regardless of the regulatory provisions of the conventions, to avoid double taxation signed. Foreign activities should cover: industrial production, design, engineering, scientific research, export (excluding all banking, financial and similar activities).

7) DEDUCTION OF ALL COSTS

Possibility for any subject to deduct all expenses and costs such as receipts, invoices, tickets etc, (For example, an employee can deduct as an expense the bill of the plumber: if I can deduct I surely ask the bill and the plumber issues it and pays VAT and taxes).

8) LITIGATION - TAX ASSESSMENT

To eliminate all ongoing litigation with the possibility to close it with rates increasing from 5% to 20%, depending on the volume of the amounts contested. A professional register of tax brokers will be established: these professionals will have the function of mediating and resolving conflicts between the tax administration and the taxpayer for all tax disputes up to a maximum value of 1,000,000 euros. RELENTLESS STRUGGLE AND BORDER AGAINST THE GREAT EVADERS (mafias, money laundering) with the prediction of even more severe penalties.

9) CAPITAL GAINS ON STOCK EXCHANGE TRANSACTIONS (CAPITAL GAIN)

The general rate on capital gains realised and related to all stock exchange transactions will be 20%.

10) GROSS REMISSION OF FOREIGN CAPITAL

TheDefinitive remission to return Italian capital deposited in foreign encrypted accounts and/ or tax havens, with a rate equal to 15% of the total amount condoned and returned to Italy.

11) OBLIGATION OF TRANSPARENCY OF ITALIAN BANKS AND THEIR FOREIGN SUBSIDIARIES - TAXATION

All Italian banks will have to present the complete and consolidated financial statements of all their foreign subsidiaries, subsidiaries and trustees even if not held directly. In addition, all the names of the Italian holders of current accounts in the above-mentioned subsidiaries and subsidiaries must be specified; including also the current accounts opened indirectly in other foreign banking entities with the collaboration of participation and consultancy of foreign Italian branches, subsidiaries and trustees (with particular regard to tax havens). The general rate on income produced by banks and credit institutions in Italy and abroad will be 30%.

12) ELIMINATION OF SUBSIDIES

Repeal, reset and eliminate any kind of assistance or state subsidy. There is also an implicit need to exponentially increase state aid to all economic operators for post-covid restart.

13) UNIVERSITY

The funds will be allocated to the University with a focus on innovation, development and scientific research. The salaries of all university workers will be adjusted accordingly according to a meritocratic principle. Programmes will be established for foreign professors and researchers on major scientific projects to be developed in Italy (to be linked also to the SPI in point 7) in close connection with the private and business world.

14) PAYMENTS - BANKS

Repeal of all currency restriction rules - legal on payments and cash deposits both in the Bank and in relation to all commercial transactions.

15) ZES

To make finally executive the Law that has created the Economic Special Zones for the ports of the South. These special zones allow you to operate with convenient tax incentives and can attract foreign investment. Ad hoc creation of a scientific committee for the realization of such plan, independent from the various harbour authorities with absolute decisional power.

16) WEB TAX

Deduction as a tax in Italy of 15% on all payments made to large groups of the web by subjects resident in Italy.

17) New rules on OFFENCES relating to income and value added tax

At the same time as the tax reform, all penalties for tax evasion offences must be tightened up and increased.

READ ALSO --> EXPO 2030 ROME: a great opportunity to transform Rome into a modern and entrepreneurial city and no longer a building!

EXPO 2030 ROME: a great opportunity to transform Rome into a modern and entrepreneurial city and no longer a building!

EXPO 2030 ROME - A great challenge awaits us for Rome; that of fiscal and economic reforms is also a great challenge in the great challenge.

The focus of this tax reform is the double track of public and private; the public redevelops the suburbs (schools, transport, green, meeting places, etc.) the private sector enters with its entrepreneurial activities in support of the public but also to carry out innovative industrial projects that create jobs, help culture and redistribute wealth among residents. Localize, therefore, in the suburbs places and spaces for businesses, for start-ups, for technology centers, for university research and for training! We Incentivize, Attract, and Build.

EXPO 2030 ROME

Rome Capital can (or must) ask the central government more autonomy management (then also legislative) to revive the economy of the city.

Considering the critical and tragic situation in which the Capitoline administration finds itself, extraordinary measures and extraordinary reforms are required to transform Rome also and above all into a modern and entrepreneurial city (beginning to eliminate his image Palazzinara that condemns us for decades).

These reforms must look not to tomorrow but to a development of decades to the future with a modern, inclusive and productive vision. EXPO 2030 can be the starting point.

The inspiring principle is that of investment: if I attract activity on the territory with fiscal incentives in the short term, in the long term I create an economic induced growth and wealth (not only economic but above all cultural).

With such a structured plan foreign companies can also decide to settle in Rome.

The management and implementation of these reforms will have to be managed by a technical department (scientific committee) with a large autonomous decision-making power. This would be formed by professionals also able (and therefore with powers ) to streamline all the bureaucracy. For example, a single office for companies that settle in Rome).

Tax proposals to make possible EXPO 2030 Rome

The fiscal proposals for this new resurgence of Rome could be (alternatively or together):

1) To give the possibility to deal with the Tax Office the rates at the beginning of the activity of the enterprises for 5 - 10 years

The rates for new assets are negotiated, processed and decided in advance with the tax administration (as a very general example. The first year a corporate tax rate could be 2% (or 3 or 4 …) and then gradually growing according to the business e-o billed e-o profits, losses, investments and market trends etc etc). In any case, research, study, scientific development and new technologies will be further rewarded.

2) Incentives for foreign investments of Italian companies (which have their registered and operational headquarters in the municipality of Rome)

For all Italian companies that establish themselves in the territories of Roma Capitale and that invest abroad total tax exemption on the income received from the investee e-or stable foreign organizations such as:

Foreign investees and permanent establishments shall not be resident in tax havens. The foreign activities will be: industrial production, engineering, design, research and scientific development and export of Made in Italy (excluding all banking, financial and similar activities).

3) Italian holding company (SPI)

Possibility for foreign investors to set up financial and industrial holding companies in Rome with the following advantages and conditions:

- the foreign member of the PES must not be resident in a tax haven

- SPI’s income from activities outside Italy (excluding tax havens ) is exempted as follows:

Income produced by the SPI in Rome (therefore in Italy ) will be taxed according to the general internal rules mentioned in point 1 above). There could also be a specific rule for foreign managers who move to Italy to work for the SPI - so they have never been resident in Italy before - which sets a fixed rate, for example, 15% for 4 years on all the income they received as natural persons both in Italy (Rome) and abroad).

With regard to the distribution of profits from the SPI to the foreign shareholder, no withholding tax will be provided regardless of the regulatory provisions of the conventions to avoid double taxation signed. The foreign activities will be: industrial production, design, engineering, scientific research and export. (excluding all banking, financial and similar activities)

4) Zes

These special zones allow you to operate with convenient tax incentives and therefore can also attract foreign investment.

The ZES (Special Economic Zone) is in fact a "weapon" in order to be able to entice enterprises to invest in a territory offering fiscal incentives, bureaucratic facilitations and in order to attenuate the cost of the job. To all this must be added the proximity and availability of an efficient and effective infrastructure system located in the immediate vicinity, usually an airport, a port, with railways and roads easily accessible.

In various Countries of the world the ZES are used from years, some have even almost "institutionalized" such instrument, extending it to great part of the national territory.

With Law L.12 August 2017 n.123 is introduced in Italy for all the ports of the South. But once the law has been made little has been done (indeed I would say nothing) to stimulate and stimulate the creation and the birth of these Zones that could attract a lot of national and international investments (apart from the issue of tax savings for businesses we think only the position of Italy in the Mediterranean ). Rome Capital could ask for the extension of this law also to all the peripheral territories and neighborhoods to be redeveloped, serving therefore the various ports and interposing you of the Lazio.

Rome can and must succeed!

Let’s imagine presenting all these projects in 2030: a dream? Maybe but many times dreams become reality just wanting it!

Rome: history, culture, tradition, enterprise, modernity!

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Port companies: conditioning climate change

PORT COMPANIES - Climate change is a phenomenon that we can no longer ignore and tell us are their most direct consequences. All of us are at the expense of it, but it is the economic activities that are becoming aware of it every day. The climate crisis, with the rise of the seas, is likely to hit port companies worldwide very hard. To evidence the problem has been Luigi Merlo, president of Federlogistica.

The consequences of climate change, how the port companies live

"Italy is in danger of ending up under water for a good part and must run for cover. Otherwise the scenario will see ports no longer usable, traffics diverted in other nations beaches deleted, cultural heritage and real estate in danger." This is how Luigi Merlo spoke in Florence, on the occasion of the presentation of the European project Co.Cli.Co.

To be in danger not only the Italian port companies, but 136 coastal cities around the world, all kept under close monitoring. If we only look at the economic costs that rising seas will bring, we are talking about figures of between 1.6 and 3.2 trillion dollars. But there’s more at stake.

The maneuvers of the government

What is the government doing to try to help port companies defend themselves from this problem? Apparently very little. In fact, none of this is mentioned in the PNRR. Luigi Merlo has evidenced it very well in its participation to the meeting with the operators ports of and Marina di Carrara.

"The PNRR does not take any account of climate change and in particular the rise in sea level calculated in 35 centimeters between twenty and thirty years and 100 centimeters in the next hundred years. But even if in the PNRR there is none of this, you can not pretend that the port work also from this point of view will change. Operators must work on perspectives, not on today. This also applies to technology that does not stop being overcome".

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The green economy introduced by Hamid-Reza Khoyi

GREEN ECONOMY HAMID-REZA KHOYI - Green economy, blue, circular are now many adjectives that we hear accompany this word. But what do we mean when we use them? To explain Green Economy is Hamid-Reza Khoyi, with hints also to the blue economy.

Green Economy and Blue Economy explained by Hamid-Reza Khoyi

Let’s start by defining what is meant by Green Economy and Blue Economy. Green Economy indicates the economic model aimed at achieving well-being and social equity, while reducing environmental risks and ecological scarcity. The blue economy is nothing more than a development of the green economy, which directs its interests towards the marine and oceanic world. Where the green aims to achieve a CO2 reduction within an acceptable limit, the blue economy plans to achieve zero CO2 emissions.

The greatest danger for these economic models is to be used for the wrong reasons. There are many who believe, for example, the Blue economy can be the answer to the possibility of a future in which there is a loss of employment due to the use of robotics and artificial intelligence. Most likely this will be true, but limiting these economic models to only this uses is a very wrong thing. The primary purpose of the application of green and blue economy is not to create jobs, but to safeguard our planet.

The commitment of individuals, companies and politics

Unfortunately, there are still not many companies that implement actions in line with the principles of the Green economy and even less the number of those who consider it a feasible project. The commitment must come from everyone.

Europe currently produces 10% of global pollution, compared to India and China, which produce almost all of it. But if we wait for the great powers to be the first to move, we will not go anywhere. Somewhere you have to start to start the change and the first are us. The commitment of the individual starts from the attention in the purchases, the consumption and the origin of the various products. Making prudent purchases, however, requires commitment and time. A facilitation could come from the institutions with the introduction of a globally recognized mark or certification that helps the consumer to distinguish who respects the principles of the green economy and who does not.

Limits and potential of the Green Economy identified by Hamid-Reza Khoyi

As we have said, consumers play an important role in implementing the green economy. Very often, however, they may not be encouraged to take green action by the bonus that green products have. For this reason, demand could decrease day by day, resulting in a further increase in the price of products in line with the green economy, which in turn will lead to a greater reduction in demand.

The green economy also has the potential to become a strong ally of the economy of small countries. In fact these, having an economy in the beginning, have more ease in implementing the moves necessary to make their economy green, compared to the large realities that have situations already established for decades. If they manage to enter the market they will have greater possibilities to create a strong competitive network with the West where the demand for green products is very high, at the expense of a low-level and high-cost offer.

Do it because it’s right, not because you have to

The implementation of the green economy must not be a burden for companies but a necessity. Something that is done, not because we must but because we want, for our own good, that of the Planet that sustains us and for generations to come. If a company chooses the green economy because it believes it will surely be more successful and successful than one that does it because it must and will know how to put in place the best and most fruitful actions. This is the thought of Hamid-Reza Khoyi on the green economy.

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Vinophila on the cellars side with #anataleregalavino

#ANATALEREGALAVINO - They sent me to a last minute dinner and I can not show up empty-handed, what could I bring? I’d like to give a bottle of bubbly to Daniele and Laura, but will they like it? I didn’t give my father-in-law a present this Christmas if I gave him a good bottle of red wine? These are just some of the questions with variation on the theme that at least once, as the Christmas holidays approach we find ourselves to ask ourselves. Finding a solution to these doubts is never easy. This year in our rescue comes Vinophila with the initiative #anataleregalavino.

Vinophila on the cellars side with #anataleregalavino

#anataleregalailvino is the hashtag with which Vinophila is the spokesperson of a social initiative in view of Christmas. We understand the objective of the project from the words of one of its creators Lorenzo Biscontin, creator and administrator of Vinophila.

"Many consumers, in the fear of making mistakes, renounce buying. We believe that the pleasure of wine should be enjoyed in a more spontaneous and natural way. Giving a bottle is never wrong because wine is thought, sharing, emotion and not least discovery: if you do not know the tastes of the person to whom it is intended, just choose one that we like. In this way we can give and share a part of ourselves".

Part of the initiative also includes social involvement. Anyone who wants to participate can download the logo from the Vinophila website and share it on social media along with the images of the wines given away.

The situation of the Italian food and wine market

The advent of Christmas 2021 for the food and wine sector could face a major problem related to the introduction of new restrictions to contain the pandemic. At the same time this danger could be contained thanks to the online sale of products, such as wine bottles and necessary for food parcels, to be carried as a gift.

The research conducted by Trade Lab reports that the consumption of food and drink will close in 2021 with a turnover of 66 billion euros. The sector that works best is that of spirits and wines that mark an increase of 11%. The sector that is experiencing its moment of glory is that of Italian sparkling wines. Demand is very active both in our country and outside. Emblematic is the case of Asti, a sparkling wine often linked to the holiday period alone, because of its sweet connotation, but which today is becoming increasingly popular in the world market, throughout the year.

Angelo Peretti, on Internet Gourmet, said:

"If we look at export, in reality the volumes are so small that it is difficult to make distinctions. 90% of Franciacorta is consumed in Italy, Trentodoc makes only 8 million bottles... But even these are wines that this year are going very well, because there is less product than the demand. There are sparkling wines coming from all over the world, such as the 700 million bottles of Prosecco, and even Asti".

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