Green Energy Is Dead In Spain
Posted by Tory Aardvark
The world was a different place at the beginning of the 21st Century, Climate Religion was at the height of its powers, people and politicians cowered in fear at the predictions of the coming environmental holocaust.
In the early years of the first decade of this century to stave off Global Warming as it was called then, countries like Spain and Portugal followed the Germans and Greened their economies on the German Green subsidy model.
Over a decade later the total economic failure of Green renewable energy has been plain for all to see, a US House of Representatives report concluded that there was no such thing as lasting Green jobs. Green jobs because of the huge subsidies they require kill more jobs in existing industries than they create in the new Green industries.
This killing of real jobs, for short term low carbon jobs has cost Spain 2.2 real jobs for every Green job created, now with the economy in ruins Spain has stopped all the Green subsidies put in place by the previous Socialist government.
Spanish renewable-energy companies that once got Europe’s biggest subsidies are deserting the nation after the government shut off aid, pushing project developers and equipment-makers to work abroad or perish.
From wind-turbine maker Gamesa Corp. Tecnologica SA (GAM) to solar park developer T-Solar Global SA, companies are locked out of their home market for new business. These are the same suppliers that spearheaded more than $69 billion of wind and solar projects since 2004 that today supply more than 50 percent of Spain’s power demand on the most breezy and sunny days.
Saddled with a budget deficit more than twice the European Union limit and a ballooning gap between income and costs in its power system, Spain halted subsidies for new renewable-energy projects in January. The surprise move by Prime Minister Mariano Rajoy one month after taking office helped pierce investor confidence in stable aid for clean energy across Europe.
“They destroyed the Spanish market overnight with the moratorium,” European Wind Energy Association Chief Executive Officer Christian Kjaer said in an interview. “The wider implication of this is that if Spanish politicians can do that, probably most European politicians can do that.”
Kjaer is correct other European politicians can and will, abandon the money pit of renewables.
In Germany, that once strong bastion of Climate Religion the Green Energy transition is all but dead:
The German government no longer believes in the green energy transition. Doubts are growing in the ruling coalition government that the ecological project can succeed.
The project, which involves shutting down Germany’s nuclear power plants and an increase of the share of renewable energy to 40 percent, was a very ambitious goal, the parliamentary leader of the Free Liberal Party (FDP) Rainer Bruederle told “Welt am Sonntag”. “We will have to build a whole range of new gas-and coal-fired power plants – perhaps more than we first thought. It can not be that we are shutting down our nuclear power plants and then import nuclear electricity from France or the Czech Republic,” he said.
The problems for European renewables continue to mount as the EU has now declared Shale Gas to be Green, rich Green Liberal George Monbiot at the Guardian is busily throwing his toys out the pram and proclaiming that “Britain’s climate change policy is going up in smoke“, coal and gas emissions targets have effectively been abandoned in Britain.
The dash for gas has been given the Green light, which is kind of ironic, all that remains is for other EU countries to turn the subsidy tap off in the same way as Spain and the Green renewable energy money pit will be gone, and not a moment too soon.
About Tory AardvarkClimate Realist, Conservative and proud NRA member. I don't buy into the Man Made Global Warming Scam, science is never settled. http://toryaardvark.com @ToryAardvark on Twitter ToryAardvark on Facebook
Posted on May 30, 2012, in Anthropogenic Global Warming, Church Of Climatology, Climate Change, Global Warming, Green Jobs Lie, Green Lies, Green Taxation, Renewables, Social Engineering, Sustainable Development, Wealth Redistribution, Wind Power and tagged Spain. Bookmark the permalink. 14 Comments.