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If you're wondering because Spain is southerly and hence closer to the Equator, consider this: the extreme southernmost point of continental Spain (latitude 36° N) is still farther north than most of North Carolina in the USA [0].

Only the Canary Islands have comparable latitudes to Cape Canaveral. While on the one hand a Canarian launch site could perhaps be a huge economic and productive boon for the Islands, I think that it might conflict with their unique ecosystems, tourism, and even (maybe?) with their current use as a base for telescopes, which is useful thanks to their high mountains and low pollution.

[0] https://en.wikipedia.org/wiki/36th_parallel_north



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