A couple years ago, President Obama hailed Spain's promotion of wind and solar energy through massive subsidies as a way to grow the economy and create jobs. At the time, Dr. Gabriel Calzada explained that the Spanish success was a mirage and that Spain's "success" was actually costing jobs and creating a huge financial liability. Now, the reality of Spain's disastrous policies is clear to the Spanish government. Hopefully, the unsustainable nature of subsidies will become clear to the promoters of wind and solar as well.
