Spain scuttles clean-energy subsidies; promptly watches the industry go down like a sinking ship « Hot Air

Spain scuttles clean-energy subsidies; promptly watches the industry go down like a sinking ship « Hot Air: "Environmentalists may argue that our worldwide fossil fuel-based energy infrastructure isn’t sustainable in the long term — even though the evidence for imminent climate-change and peak-oil crises are extremely dodgy, at best — but fiscal insolvency is demonstrably unsustainable in the long term. While some of the eurozone members’ clean-energy ‘investments’ may not be the root cause of their present crisis, they are wildly indicative of the type of no-holds-barred, feel-good spending binges that have brought them down this road. Europe just keeps on proffering examples of precisely what governments shouldn’t do, but alas, will the United States ever listen?"

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