Ecotretas

Because considering how corrupt and totalitarian the current portuguese administration has become, I am not entirely surprised if they either fudged the numbers or of course, considering the Energias de Portugal is the only energy supplier in Portugal, largely due to a crony-like mentality, in which the goverment protected that very same company from competition and kept every one else out, so when they actually privatized it, it was the only company left.

That’s how it works and EDP, basically has to sit down with the portuguese goverment and being the only active enery supplier, EDP, in order to keep energy prices low, lower than what the market dictates, the portuguese goverment has to pay them a huge amount plus tax, which will in turn overtaxes the entire population, thus dragging us further in debt.

I’m not trying to be a negative Nancy, but the portuguese goverment, which has been run by socalist thugs for 14 years, especially under PM José Sócrates and his cabinet have been known to be, for the lack of a better term, liars and have resorted to vicious tactics to silence oponnents.

Mr. Manuel Pinho, for example, headed the Ministry of Economy, a completely useless goverment entity that only serves to act as a middle-man in every single major industry operation(especially in the private sector).

I think the New York Times is overly optimistic over something that might not be true.

Thanks for sharing this! I wonder why we haven’t seen this type of initiatives along the West Coast.

Best,

Sofia