When I saw this story on the Mother Nature Network, Italy seizes $1.9 billion of assets as Mafia goes green, I wasn’t quite sure what to think. MNN usually comes out with great posts, and this one was no different. The title sure grabs you in, doesn’t it?
If you go on to read the rest of the article, you’ll see how Italy’s organized crime families are dipping into renewable energy to help fund their activities. This post is not meant to highlight or laud the efforts of a criminal organization. Instead, you should focus on the profitability of the renewable energy here.
Senator Costantino Garraffa, a member of the parliamentary anti-Mafia committee, said the Mafia was trying to break into the “new economy,” of alternative energy as it sought out virgin ventures to launder money from drugs and other rackets.
Italy is the 3rd largest producer of solar energy in Europe, after Spain and Germany.