Spanish Property Developers Threaten To Sue Greenpeace
Greenpeace hits Spanish porpertty prices:
A group of real estate developers and property owners in La Manga del Mar Menor – a spit of sandy, low-lying coastal land and Murcia’s premier beach resort – are threatening to take Greenpeace to court over its graphic predictions of what global warming may do to the area, which they say have caused house prices to plummet.
The lawsuit, which the plaintiffs plan to present unless Greenpeace agrees to an out of court settlement of almost EUR 30 million in damages, comes more than six months after La Manga featured prominently in a photo book published by the environmental organisation that was intended to shock Spain into action on climate change.
As Tim Blair says: “They’ve successfully shocked developers and property owners into legal action. Mission accomplished, Greenpeace.”
Posted: 12th, June 2008 | In: Money Comment | TrackBack | Permalink
