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Politics : Politics for Pros- moderated

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To: d[-_-]b who wrote (437670)7/28/2011 1:59:47 PM
From: DMaA1 Recommendation  Read Replies (1) of 793841
 
There's this from last year:

Solar Industry Learns Lessons in Spanish Sun


Lourdes Segade for The New York Times

By ELISABETH ROSENTHAL Published: March 8, 2010

[snip]

But as low-quality, poorly designed solar plants sprang up on Spain’s plateaus, Spanish officials came to realize that they would have to subsidize many of them indefinitely, and that the industry they had created might never produce efficient green energy on its own.

In September the government abruptly changed course, cutting payments and capping solar construction. Puertollano’s brief boom turned bust. Factories and stores shut, thousands of workers lost jobs, foreign companies and banks abandoned contracts that had already been negotiated.

[snip]

nytimes.com

And this from 6 months ago:

Spain's Solar Power Sector Falls into the Abyss By Ivan Castano, Contributor
November 15, 2010

renewableenergyworld.com
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