Friday, February 25, 2011

Measures to alleviate fuel price rises

The Spanish government announced today that the speed limit on Spanish highways will be lowered temporarily to reduce the general fuel consumption. The fare price for regional and middle distance trains will be lowered by 5% - also temporarily, and the gaz providers will have to mix more biofuels into the gasoline they sell. El País has the full story in English here.
Spain is a country poor in fossil fuels, except for dirty coal the production thereof is only viable with subsidies and coercion of power companies to use national coal for electricity production. On the other hand, it is a country blessed with wind and sunshine but there are few people rich enough for the initial investments, e.g. to put up fotovoltaic panels on their roofs, and the government recently cut the clean energy subsidies to consolidate the budget - but they kept those for coal. But green issues are not very high on the agenda of a country with a 20% unemployment rate, a rather poor education system, and little overall spending in R&D.

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