Saturday, April 25 · Day 10
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The Almaria Herald

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Business

Symposium warns against hydrocarbon over-reliance; solar corridor cited

Symposium warns against hydrocarbon over-reliance; solar corridor cited

Professor Roldán cites the Cordoba plain's corridor as a Mediterranean model; delegates and opposition alike warn against sacrificing the household ledger.

By Business Desk·From edition 10, Business

A symposium convened this week at the University of Almaria Vella brought together energy economists and civic leaders from some sixty nations to debate the pace of transition away from fossil fuels. Professor Jaume Roldán of the faculty of applied economics argued that Almaria's solar corridor along the Cordoba plain positions the Kingdom as a model for mid-sized Mediterranean states.

Several delegates warned that over-reliance on hydrocarbon revenues remains a 'structurally destabilising' path for small open economies. The opposition spokesman Ferran Llopis offered the week's most quotable caution: that the transition timeline 'must not sacrifice household affordability on the altar of ideology.' The sentence has, in Senyor Llopis's mouth, the merit of being usable by every party in turn.

The corridor's second phase, approved in the spring, proceeds. The symposium closes Thursday.

— Filed for Business, edition 10.