Over the next year Portugal will start reducing its dependence on oil, which now powers 86% of their energy needs. GE and another US company, PowerLight, will build, for $75,000,000, the world's largest photovoltaic generation project; it should supply the energy for 8000 houses. Wind is also an element in their plans to use less oil; they expect to supply 750,000 houses with a wind turbine project costing $1.5 billion. The sea will also be used for energy; a wave farm, which generates electicity from ocean waves, will open later in the year. The government will be subsidizing these projects. Is it a coincidence that Brazil, the other major Portugese-speaking country, also subsidizes oil alternatives?
It kind of makes you wonder why our government is talking more about rebates, than reducing our dependence on oil.
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