Sunny Spain's green energy plan leaves needy feeling cold [Financial Post (Toronto, Ontario, Canada)]
FERROVIAL S A UNSP/ADR (FRRVY)
NASDAQ:AMEX Investor Relations:
ferrovial.com/en/ir-shareholders
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Source: Financial Post
“Lots of people we know – neighbors, my wife’s friends in the area – are doing it and everyone is happy,” he said. Not so in less wealthy areas a short drive away. “I understand that for these subsidies you have to put up part of the money first and that it is a lot for many people,” said Manuel Blanco, a 44-year-old plumber who lives in the 1970s-built San Pascual district. Others said the top priority was lifts as they struggle up the many flights of stairs in old apartment blocks. “What we need most here are elevators to help the elderly,” said Candela Garcia, 73, who has lived in the working class Orcasitas neighborhood south of the Spanish capital since she was a child. As Europe doubles down on green ambitions made more urgent by a fuel and cost of living crisis, the disconnect between Madrid’s suburbs highlights a wider dilemma for policy-makers: how to ensure low-income groups are not left further behind as economies embrace the energy transition ahead. Cosmes Cuesta is
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