The state budget that is expected to be passed in the coming weeks is a bad budget. Among all the budget items there is serious damage to Israeli research and development.
The Volcanic Institute, which employs hundreds of researchers and scientists, contributes greatly to the creation of jobs and the development of new knowledge. Israel's relative advantage is not in mass production capacity, but rather in innovation, research, development and technology that is so much needed in view of the climate changes that are plaguing the world.