Leaked Spanish Report: Obama’s Model ‘Green Economy’ a Disaster (PJM Exclusive)
The internal report of the Spanish administration admits that the price of electricity has gone up,
The Spanish text is more radical: “el precio se ha disparado” means “going up very fast”. Like a bullet. (in Spanish Disparo = firearm shot )
“Between 2004 and 2010, the quantity of subsidies has been multiplied by five,”,says the text of the Spanish Ministry. In 2009 alone they were doubled from the previous year to 5,045 million euros, the equivalent of the whole public investment in I+D+i in Spain.”
I+D+I = Research and Development
The owners of solar plants make 12 times more than what they pay for the energy coming from fossil fuel combustion.
Wrong!!!!!! The sentence says that they make 12 times than what it is being paid (aka market price) for energy from fossil fuel combustion. Personal note: you can bet some people are selling fossil fuel energy as “green energy”. That is unavoidable when you have tow parallel markets and still more in a country whose government employees have never been between the most efficient and honest in the world.
