FAIL. Obama’s Favorite Green Energy Success Story – Spain – Halts All New Renewable Energy Projects
Posted by Jim Hoft on Saturday, April 7, 2012, 11:16 AM
Obama loved Spain’s green energy policy despite the fact that every job created in the sector cost 2.2 private sector jobs.
Now there’s this…
Spain announced this week that they would halt all new renewable energy and co-generation projects.
Renewable Energy reported, via Steven Hayward at Power Line:
For over a decade, the Spanish government has prevented utilities from charging consumers the true costs of electricity. In other words, the final price paid by both large and small electricity buyers has been kept artificially low, in an arguably misguided attempt to contain inflation, protect consumers, and maintain the competitiveness of Spanish industry.
But it doesn’t matter. Obama is set on forcing the same failed policies on the United States. After all, he has donors to take care of.
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