Inconvenient timing: On eve of Paris Climate Conference, Spain’s Abengoa Solar goes bankrupt

The Rebel, Ezra Levant
One of the things we’re going to hear during the Paris Climate Conference is how we need to be more like Europeans when it comes to green energy.

Here’s one headline: “Spain Got 47 Percent Of Its Electricity From Renewables In March.” Abengoa, one of Spain’s wealthiest companies, has solar plants all around the world.

Except today this is the number one news item in Spain: Abengoa is bankrupt. Nine billion Euros in debt — that’s about $14 billion. 27,000 employees. The largest bankruptcy in Spanish history. Read article

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