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Spain Ejects Green Energy Lobby

Posted by Guest Column on May 30, 2012 at 01:36 PM

Spain Cuts Payouts, Ejects Clean-Power Industry

Spanish renewable-energy companies that once got Europe’s biggest subsidies are deserting the nation after the government shut off aid, pushing project developers and equipment-makers to work abroad or perish. “They destroyed the Spanish market overnight with the moratorium,” European Wind Energy Association Chief Executive Officer Christian Kjaer said in an interview. “The wider implication of this is that if Spanish politicians can do that, probably most European politicians can do that.”—Alex Morales and Ben Sills, Bloomberg, 29 May 2012

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