WhatFinger

Germany And Spain Throw Green Energy Under Thus Bus

Renewable Energy Investment Goes Up In Smoke


The Spanish Parliament approved a law on Thursday that cuts subsidies for alternative energy technologies, backtracking on its push for green power. That measure, along with other recent laws including a tax on power generation that hit green energy investments especially hard, will virtually wipe out profits for photovoltaic, solar thermal and wind plants, sector lobbyists say. --Reuters, 15 February 2013
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