Ristori added that even if member states were permitted to support renewables infrastructure, there is simply not enough money in public coffers to support the massive investments needed in energy infrastructure in the coming decades.
Wow, and I thought I was a doomer.
And yes I realize he's not so much as doomer as he is promoting a corporate banana republic future.
you are the media you consume.
The group I work for Bankwatch has been analysing the draft funding plans of the ten central and eastern European new member states, and we have found that energy efficiency and renewable energy have each been allocated a paltry 1 percent of the 177 billion euros earmarked for these countries from the EU's Structural and Cohesion Funds.
more details here: http://www.bankwatch.org/newsroom/release.shtml?x=1982987
And welcome to ET!
