ideological crash and burn …

[…]How much of Greece’s current economic problems were caused by the made Hellenic dash into renewable energy? The answer, unsurprisingly, is most likely quite a lot.

Greece, like many small European economies, has placed a substantial focus on green energy, seeing it as a quick leg up into the big league – an easy way to attract generous funding from rich green neighbours like Germany. On paper it must have seemed a fantastic opportunity […]

A major cause of the looming Greek bankruptcy, Green Energy subsidies. The subsidies are also unraveling Italy’s and Spain’s economies. The EU is not in a happy place, the Greeks have run out of ‘other people’s money’:

green_money_windmills Climate cash

Did green madness help create the Greek debt crisis?

Guest essay by Eric Worrall The unfolding Greek financial crisis is front page news. The repercussions – bank runs, unsustainable debts, deadlocked creditors – could easily lead to major consequences worldwide. However misconceived the Euro currency was, its downfall will be painful on a global scale. How much of Greece’s current economic problems were caused…

Read it all.

Green ideology:

THEY REALLY, REALLY SHOULD HAVE LISTENED TO THATCHER: The Greek Crisis: Too Little Democracy, Too Much Bureaucracy.

About Tom Harley

Amateur ecologist and horticulturalist and CEO of Kimberley Environmental Horticulture Inc. (Tom Harley)
This entry was posted in Climate, comedy, energy and tagged , , , , , , , , . Bookmark the permalink.

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