GreenPeace to Blame for Spanish Property Market Collapse
Following the publication of a book called Photoclima, which shows the potentially devastating effects of global warming on the Spanish coastline, a group of investment property developers in La Manga Del Mar, Spain are suing Greenpeace for 20 million Euros as compensation for causing “prices to plunge by up to 50%.”
Spanish property insight reports:
The developers accuse Greenpeace of unduly scaring buyers by publishing doctored photos showing the expected effects of rising sea levels on the La Manga strip. The pictures suggest that much of the La Manga strip will be under water if sea levels rise by 0.5 metres, which Greenpeace argues is an “optimistic and conservative” scenario if steps are not taken to head off global warming. Full article here.
I have to laugh at this one. Seriously guys, you can’t come up with a better one than that?
The environmentalists did it!
The book is available here – Greenpeace
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