[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help] 

Status: Not Logged In; Sign In

Mike Thune calls Netanyahu First

Former CIA Agent "Iran's plot to kill Trump doesn't ADD UP"

Trump Nominates RFK Jr. For HHS Secretary

Tyrus: I wish this was a joke, but it's not

The free world’s most potent weapons against China have been crippled

The free world’s most potent weapons against China have been crippled

GOD BLESS THE USA - TRUMP MUSIC VIDEO

Landmark flight: US tanker refuels Russian jets in Malaysia

AIex Jones Studio Seized! lnfowars Website Pulled From Internet! But He's NOT Going Away!

Gutfeld: This was Kamala's Achilles' heel

BREAKING! DEEP STATE SWAMP RATS TRYING TO SABOTAGE TRUMP FROM THE INSIDE | Redacted w Clayton Morris [Livestream in progress]

The Media Flips Over Tulsi & Matt Gaetz, Biden & Trump Take A Pic, & Famous People Leave Twitter!

4 arrested in California car insurance scam: 'Clearly a human in a bear suit'

Silk Road Founder Trusts Trump To 'Honor His Pledge' For Commutation

"You DESERVED to LOSE the Senate, the House, and the Presidency!" - Jordan Peterson

"Grand Political Theatre"; FBI Raids Home Of Polymarket CEO; Seize Phone, Electronics

Schoolhouse Limbo: How Low Will Educators Go To Better Grades?

BREAKING: U.S. Army Officers Made a Desperate Attempt To Break Out of The Encirclement in KURSK

Trumps team drawing up list of Pentagon officers to fire, sources say

Israeli Military Planning To Stay in Gaza Through 2025

Hezbollah attacks Israeli army's Tel Aviv HQ twice in one day

People Can't Stop Talking About Elon's Secret Plan For MSNBC And CNN Is Totally Panicking

Tucker Carlson UNLOADS on Diddy, Kamala, Walz, Kimmel, Rich Girls, Conspiracy Theories, and the CIA!

"We have UFO technology that enables FREE ENERGY" Govt. Whistleblowers

They arrested this woman because her son did WHAT?

Parody Ad Features Company That Offers to Cryogenically Freeze Liberals for Duration of TrumpÂ’s Presidency

Elon and Vivek BEGIN Reforming Government, Media LOSES IT

Dear Border Czar: This Nonprofit Boasts A List Of 400 Companies That Employ Migrants

US Deficit Explodes: Blowout October Deficit Means 2nd Worst Start To US Fiscal Year On Record

Gaetz Resigns 'Effective Immediately' After Trump AG Pick; DC In Full Blown Panic


Miscellaneous
See other Miscellaneous Articles

Title: 'Let's tax the sun': new Spanish law shocks world press
Source: [None]
URL Source: [None]
Published: Aug 27, 2013
Author: Steve Tallantyre
Post Date: 2013-08-27 02:32:12 by Tatarewicz
Keywords: None
Views: 76
Comments: 1

A new tax on solar power introduced two weeks ago by the Spanish government has been described as "ludicrous" and "stupid" in two leading international publications.

US business and finance magazine Forbes pulled no punches in an article titled, "Out of ideas and in debt, Spain sets sights on taxing the sun".

It pointed out that Spain "is one of the top countries in the world with respect to installed photovoltaic (PV) solar energy capacity."

But the author took an incredulous tone and noted: "Spain is now attempting to scale back the use of solar panels – the use of which they have encouraged and subsidized over the last decade – by imposing a tax on those who use the panels."

She added: "You get the feeling that government officials were out of ideas, stared up at the sky one day and thought, 'I’ve got it! We’ll tax the sun!'"

Australia's Business Spectator published a story on the same subject on Wednesday under the headline, "Spain's solar stupidity".

It said: "Imposed by decree, the reform aims to raise money for tackling a €26 billion debt to power producers which the state has built up over the years in regulating energy costs and prices."

The article quoted Industry Minister Jose Manuel Soria who introduced the law as saying, "I support 'autoconsumo' [independent power generation by households]... but the power system has infrastructure, grids that the rest of us Spaniards who are in the system have to pay for. And we pay for it through our electricity bill."

Both articles also quoted Teresa Ribera, who served as secretary of state for the environment under the former Socialist administration.

She responded to Soria's statement, saying: "It's like asking cyclists to pay a levy to keep open the petrol stations they don't use."

Now a senior adviser to the Paris-based Institute for Sustainable Development and International Relations (IDDRI), Ribera said the law was "illogical in terms of energy efficiency and costs" and "a serious invitation by the government for citizens to become anti-system."

Business Spectator interviewed people who plan to ignore the new law, including Sergio Pomar, chief executive of energy-efficient installation firm INEL.

He said: "If I spend €600 to install solar panels and get fined €6 million let the judge decide."

Private individuals who fail to hook their solar panels up to the national grid to be metered and taxed could face fines of up to €30 million ($40 million) under the new law.

Forbes magazine wrote: "It seems ludicrous."

Steve Tallantyre (news@thelocal.es)


Poster Comment:

When politicians are too timid to increase existing taxes bureaucrats come up with new sources.

Post Comment   Private Reply   Ignore Thread  


TopPage UpFull ThreadPage DownBottom/Latest

#1. To: Tatarewicz (#0)

When politicians are too timid to increase existing taxes bureaucrats come up with new sources.

There'd be no need for increasing taxes, if the bureaucracy load were lightened - ie. overpaid and unnecessary civil servants fired and told to get REAL jobs in the REAL world.

scrapper2  posted on  2013-08-27   3:13:15 ET  Reply   Trace   Private Reply  


TopPage UpFull ThreadPage DownBottom/Latest


[Home]  [Headlines]  [Latest Articles]  [Latest Comments]  [Post]  [Sign-in]  [Mail]  [Setup]  [Help]