Home Solar Panels Greece

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How’s that Spanish “green economy” working? Why won’t it work without TAXPAYER SUBSIDIES!?

June 16 (Bloomberg) — Spain’s government will cut the revenue of most existing solar-power plants by 30 percent, a move that may bankrupt hundreds of companies that produce electricity using photovoltaic panels, a local trade group said.

The industry ministry, after negotiating with trade groups for weeks, plans to reduce the number of hours a day during which they may earn subsidized prices for clean energy, said Tomas Diaz, director of external relations at the Photovoltaic Industry Association in Madrid.

Spain is next on the economic chopping block behind Greece -the massive FAILURE of socialist “economics”… looks like those ‘Green jobs” just aren’t working quite the way they were promised… Hey, barry!….are you watching?

Remember… Spain’s “green power” experiment COST 2.2 jobs for every job that was “created” in green industry… Are their “chickens…. coming home……. to roost”?

Are you kidding – did you see algore’s new $8million dollar beach house ??

The green scam is very lucrative – at least for the folks on top, like algore and his new honey

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