€€ From Farming Subsides To Scientific Investments - Europe

"More than €4.5 billion would be transferred from the E.U.'s farm subsidies program, the Common Agricultural Policy. This is the enormous pile of cash paid by E.U. authorities to farmers each year to keep them in business, to keep food products rolling off the production line, and to keep fields fallow--as well as to diversify their businesses. Depending on where your political feelings lie, the CAP is either a majestic insurance policy that ties nations together and ensures E.U. autonomy in food produce, or a monstrous and embarrassing carbuncle that sees billions of euros wasted on an industry that should evolve. Whichever way you look at it, the CAP eats up so much of the E.U.'s funds that even this smallish redistribution of cash is a revelation.
The new science money will be spent on all sorts of initiatives, big and small. One of the first areas gives research priorities for projects on "healthy aging." One previous beneficiary that won't see additional cash, however, is the impressive ITER European fusion reaction experiments--destined to perhaps replace traditional nuclear power as an infinitely more sustainable and non-polluting alternative--which will now have to earn extra cash from member states individually."

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