Spain: The Rise of Eco-Corruption? - BusinessWeek
Posted by: Mark Scott on March 23
With governments outlining multi-billion dollar schemes to make investment in green energy more palatable, beware of a new trend: eco-corruption. That’s the take from a Mar. 22 article in British newspaper The Observer, which details the arrest of 19 people in Spain for alleged bribery charges linked to renewable energy projects.
All accused, including a small-town mayor in Northeast Spain, deny the charges. But their story should raise concerns for countries looking to cleantech investment to jumpstart their domestic economies. If Spain, which ranks in the top three for both global wind and solar generation respectively, can fall foul of this type of corruption, then others elsewhere — particularly in countries that want to mirror Spain’s renenwables development — may also attempt to skim money from government coffers. Continue...
WHERE WIND POWER GOES CORRUPTION GROWS.
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