Spain halted subsidies for renewable energy projects to help curb its budget deficit and rein in power-system borrowings backed by the state that reached 24 billion euros ($31 billion) at the end of 2011.
“What is today an energy problem could become a financial problem,” Industry Minister Jose Manuel Soria said in Madrid. The government passed a decree today stopping subsidies for new wind, solar, co-generation or waste incineration plants.
h/t Bemused
““What is today an energy problem could become a financial problem,” Industry Minister Jose Manuel Soria said in Madrid.”
What is today an energy scam/sham has become a grave financial problem.
There. Fixed that for ya,you fascist Spanish pig.
Britain and every country in Europe is backing off on windpower because it’s unreliable and still needs backup, not to mention terribly inefficient. Someone should explain all this to McGuinty who is bound and determined to be the next Greece.
The World is waking up from its Climatology binge.
Just wait till it rubs its eyes than finds out who its in bed with.
Somewhere in Spain an incandescent bulb came on in a politician’s tiny mind and common logical sense became visible.
It’s almost as though their coming to their senses..
they’re
it’s ok….as soon as the novelty of ‘global warming’ wears off, the mindless minions of the ‘environmentalists’ will find a reason to protest the global cooling…
http://4.bp.blogspot.com/-Vjk5xp1Om74/TyV3XdGrulI/AAAAAAAAD8w/PeJdlEThe0Q/s640/Chilly%2BBeings.gif
This is not about sports? Nevermind.
As we stumble toward financial stupidity here, with a windmill on every molehill in south Alta, I wonder if any leaders and decision makers ever read these stories, like Texas Canuck says, maybe the little light will come on before it is to late. Most politicians are like the fat kid on the bridge, as the other kids like Al and Dave, Andrew and Michael are teasing him to jump, he has reservations, but after enough climatology type teasing he jumps and gets hurt, while the other kids pick his jean pockets and run away. Windmills were abandoned for a reason, inconsistency, why go back to appease frauds and climatology hucksters.
We have built a whole civilization based on cheap energy and there are those who would tear it down. No cheap energy – no civilization.
It’s way past the time when wind is considered by anyone other than a few ignorant politicians. We are filling our countryside with monuments to stupidity. Germany has opted for diesel generation supplemented maybe 20 % of the time by wind. They call that green. Idiots.
@peterj “Someone should explain all this to McGuinty who is bound and determined to be the next Greece”
I have been wanting to go back to Greece for a few years, and soon I could take WestJet there for a very reasonable price.
They are ending their own subsidies because North American banks are now covering that cost. Canadian and American banks now shoulder the entire burden of European green energy boondoggles.
63% of meteorologists see through the ‘global warming’ scam, so what do the goreans do ? call them ‘uneducated deniers’ and move to have them silenced, what else ?
http://www.washingtonpost.com/blogs/capital-weather-gang/post/global-warming-activists-launch-misguided-campaign-against-skeptical-tv-weathercasters/2012/01/23/gIQA2HXMLQ_blog.html
real scientists stand up against ‘honorary’ ones like gore…
the whole article is even more damning to the goreans than the excerpts…
http://online.wsj.com/article/SB10001424052970204301404577171531838421366.html?mod=WSJ_hpp_RIGHTTopCarousel_1
In September, Nobel Prize-winning physicist Ivar Giaever, a supporter of President Obama in the last election, publicly resigned from the American Physical Society (APS) with a letter that begins: “I did not renew [my membership] because I cannot live with the [APS policy] statement: ‘The evidence is incontrovertible: Global warming is occurring. If no mitigating actions are taken, significant disruptions in the Earth’s physical and ecological systems, social systems, security and human health are likely to occur. We must reduce emissions of greenhouse gases beginning now.’ In the APS it is OK to discuss whether the mass of the proton changes over time and how a multi-universe behaves, but the evidence of global warming is incontrovertible?”
…Although the number of publicly dissenting scientists is growing, many young scientists furtively say that while they also have serious doubts about the global-warming message, they are afraid to speak up for fear of not being promoted—or worse. They have good reason to worry. In 2003, Dr. Chris de Freitas, the editor of the journal Climate Research, dared to publish a peer-reviewed article with the politically incorrect (but factually correct) conclusion that the recent warming is not unusual in the context of climate changes over the past thousand years. The international warming establishment quickly mounted a determined campaign to have Dr. de Freitas removed from his editorial job and fired from his university position. Fortunately, Dr. de Freitas was able to keep his university job.
This is not the way science is supposed to work, but we have seen it before—for example, in the frightening period when Trofim Lysenko hijacked biology in the Soviet Union. Soviet biologists who revealed that they believed in genes, which Lysenko maintained were a bourgeois fiction, were fired from their jobs. Many were sent to the gulag and some were condemned to death.
Why is there so much passion about global warming, and why has the issue become so vexing that the American Physical Society, from which Dr. Giaever resigned a few months ago, refused the seemingly reasonable request by many of its members to remove the word “incontrovertible” from its description of a scientific issue? There are several reasons, but a good place to start is the old question “cui bono?” Or the modern update, “Follow the money.”
Alarmism over climate is of great benefit to many, providing government funding for academic research and a reason for government bureaucracies to grow. Alarmism also offers an excuse for governments to raise taxes, taxpayer-funded subsidies for businesses that understand how to work the political system, and a lure for big donations to charitable foundations promising to save the planet. Lysenko and his team lived very well, and they fiercely defended their dogma and the privileges it brought them.
Spain’s unemployment figure is now 22% and steadily rising.
and a staggering 50% in the youth , the most dangerous generation . lucky they have been lulled into a near stupor by a lifetime of video games > their protests would be two thumbs down
on an xbox controller.
http://www.telegraph.co.uk/news/worldnews/europe/spain/9044897/Spains-lost-generation-youth-unemployment-surges-above-50-per-cent.html
The green slime are starting to run out of examples to tout of nations illustrating the supposed virtues of the soft energy path. Reminds me of the old diehard Communists in 1993 forced to use Enver Hoxha as their fearless leader.
Fact is, ideology can never trump basic physics and engineering in the long run.
One of Dalton McGuinty’s schemes for the 50,000 “green” jobs, is manufacturing blades for wind whirligigs. With Spain and other Euro countries finally seeing the light on wind power,Ont could well become the last man standing in this field.
Even paving all SW Ont over with industrial towers couldn’t create a big enough market by itself. These phantom jobs exist only in his imagination.
Finally! A breath of fresh air…..