Spanish renewables industry destroyed by proposed tax on sunshine.
Spain Privatizes The Sun: Multi Millon Dollar Penalties For Collecting Sunlight
AFTER A DELAY WHICH SERVED TO PARALYSE THE SOLAR INDUSTRY SPAIN IS GOING AHEAD. If you get caught collecting photons of sunlight for your own use you will get a fine not exceeding 30 million euros.. What the hell is going on in Spain? This is one of 100’s of crazy, often neo-fascist measures by a govt with a total majority (by default) yet drowning in corruption scandals and huge popular resistance.
They’ve already decimated the promising renewable energy sector by taxes and illegally cutting contracted subsidies, while promoting, oil, gas and fracking. What the hell? Why?
For one thing the fossil fuel sector has huge scandals, its a honey pot, eg. they’re raising prices to pay billions for estimated losses due to modernisation; for 40 years electric meters grossly overcharged the public; gas purchase prices are still kept totally secret. Continue reading “Spain ‘Steals the Sun’…Charges usage due to Fossil Fuel corruption”