[opentalk]

The Spanish Government used to fund their solar industry, quickly realized it would not work long term and stopped funding. Obama already knew this

from the article

Spain briefly enjoyed one of the most advanced solar industries in the world when it was subsidized by $26 billion in grants from the socialist-led Spanish government. However, the short-term injection of government funding was not sustainable. When the money ran out the Spanish solar industry collapsed,

The The firm’s global profitability is due to non-renewable industrial activities; yet Abengoa’s U.S. solar and ethanol projects would not exist without the existence of Obama administration money. The $2.78 billion constitutes an American bailout of Spain — and Europe’s — collapsed solar industry.

[Eric in the Ozarks]

When our government makes billion dollar loans to a Russian steel company, this story doesn’t surprise me.