In early 2009 the Socialist government of Spain reduced alternative energy subsidies by 30%.  Calzada continues:

"At that point the whole pyramid collapsed.  They are firing thousands of people.  BP closed down the two largest solar production plants in Europe.  They are firing between 25,000 and 40,000 people...."

"What do we do with all this industry that we have been creating with subsidies that now is collapsing?  The bubble is too big.  We cannot continue pumping enough money.  ...The President of the Renewable Industry in Spain (wrote a column arguing that) ...the only way is finding other countries that will give taxpayers' money away to our industry to take it and continue maintaining these jobs."

That "other country" is the United States of America.



Read the rest of this must-read article is at:

http://www.americanthinker.com/articles/2010/02/wind_energys_ghosts...

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Comment by Martha thacker on January 1, 2015 at 1:56pm

Jim, could not agree more!

Comment by Jim Wiegand on December 31, 2014 at 3:48pm

The answer to the question about Iderdrola is because America is being governed by outside interests. These are outside financial interests that include the Middle East, Europe, China and even Russia.  Our President answers to these pools of money but he would never reveal this. Keep in mind that these growing stashes of money have come from taxes, rigged interest rates, and interest on a National Debts conveniently created by corrupt governments. And speaking of the growing National Debts being created all over the world, if anyone thinks this funneling of money from taxpayers is ever going to stop,........Think again because the world you thought you knew has passed away.

Comment by Eric A. Tuttle on December 31, 2014 at 2:39pm

I believe we are subsidizing our U.S. corporations created by these foreign industries. That would make it appear legal, though the profits eventually end up there. An End to subsidies to any U.S. Corporation that is created or held by foreign interests is in order. We give Foreign Aid to the governments and subsidies to their corporations ???? And we have to scrounge scrimp and save so they can lavish ?    The TIF of Somerset County has or soon will open a Pandora's Box.

Comment by Martha thacker on December 30, 2014 at 6:42pm

Penny Gray...good question.

Comment by Penny Gray on December 30, 2014 at 4:05pm

Are we the only country that subsidizes foreign industry or are there others?

Hannah Pingree on the Maine expedited wind law

Hannah Pingree - Director of Maine's Office of Innovation and the Future

"Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine."

https://pinetreewatch.org/wind-power-bandwagon-hits-bumps-in-the-road-3/

 

Maine as Third World Country:

CMP Transmission Rate Skyrockets 19.6% Due to Wind Power

 

Click here to read how the Maine ratepayer has been sold down the river by the Angus King cabal.

Maine Center For Public Interest Reporting – Three Part Series: A CRITICAL LOOK AT MAINE’S WIND ACT

******** IF LINKS BELOW DON'T WORK, GOOGLE THEM*********

(excerpts) From Part 1 – On Maine’s Wind Law “Once the committee passed the wind energy bill on to the full House and Senate, lawmakers there didn’t even debate it. They passed it unanimously and with no discussion. House Majority Leader Hannah Pingree, a Democrat from North Haven, says legislators probably didn’t know how many turbines would be constructed in Maine if the law’s goals were met." . – Maine Center for Public Interest Reporting, August 2010 https://www.pinetreewatchdog.org/wind-power-bandwagon-hits-bumps-in-the-road-3/From Part 2 – On Wind and Oil Yet using wind energy doesn’t lower dependence on imported foreign oil. That’s because the majority of imported oil in Maine is used for heating and transportation. And switching our dependence from foreign oil to Maine-produced electricity isn’t likely to happen very soon, says Bartlett. “Right now, people can’t switch to electric cars and heating – if they did, we’d be in trouble.” So was one of the fundamental premises of the task force false, or at least misleading?" https://www.pinetreewatchdog.org/wind-swept-task-force-set-the-rules/From Part 3 – On Wind-Required New Transmission Lines Finally, the building of enormous, high-voltage transmission lines that the regional electricity system operator says are required to move substantial amounts of wind power to markets south of Maine was never even discussed by the task force – an omission that Mills said will come to haunt the state.“If you try to put 2,500 or 3,000 megawatts in northern or eastern Maine – oh, my god, try to build the transmission!” said Mills. “It’s not just the towers, it’s the lines – that’s when I begin to think that the goal is a little farfetched.” https://www.pinetreewatchdog.org/flaws-in-bill-like-skating-with-dull-skates/

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Vince Lombardi 

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