Rent Seekers Gonna Seek Rent

2 May

“In order to keep growing, however, they need money.”

Faced with a collapsing economy in 2013, almost entirely as a result of government subsidizing “Green Energy” from production to the end user, Spain was forced to abandon it’s ill conceived wind and solar strategy – forcing nearly all of the companies engaged in the “industry”, who could only operate if the subsidies remained, into receivership or bankruptcy.

In the wake of the so-called “Paris Agreement”, the investment bank vultures have swept in to pick over the bones, in the hope the subsidy gravy train will once again come rolling down the track.

In the universe of the Progressive, eco-facsist media – this is a “boom”..

http://phys.org/news/2016-05-frenzy-spain-renewable-energy-sector.html

Buy low, get tax payer subsidies, get out…

 

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