Renewables aid does more harm than good

THE Irish Wind Energy Association (IWEA) believes this is a make-or-break year for the green economy, as quoted by the Irish Examiner (March 22).

It may interest your readers to know the evidence from Spain is that public aid for the green economy does more harm than good for the wider economy.

That’s the conclusion of a 2009 report from the Juan Carlos University in Madrid, entitled Study of the Effects on Employment of Public Aid to Renewablel Energy Sources.