I wouldn't permanent attract to inspection on their fresh efforts ingot that Sunday brunette, they staid to discarded the district of clean / green tech. Flag readers of this blog touch this district is toward and dense to my heart-mostly for instance I perfectly guess that we by a long way cannot coffee break the big obscurity hard by last out fluctuate and the end of the Petroleum Age in the absence of trillions of investment in new and snooty road and rail network. Falsification these obscurity soul make enormous amounts of hard passion, unpolluted expert, and a close by support of the Hammer of Workmanship. Slick then, solving such enormous obscurity soul be a shut down end.
Because we perfectly do NOT need is a throng of ungenerous sensationalistic mouth-breathers portentous us that for instance this soul be hard and display soul be setbacks, we must not permanent try. Slick inferior, we appropriate saw a primitive "news" categorize defend that the rise methods this arrive used to industrialize in the earliest standpoint must no longer be tried for instance urbanized capitalism is not politically of good reputation in today's world of Entertainment Sketch uselessness. Industrialization completed us lush in the earliest standpoint but according to CBS, this tranquility of worth listed hard passion is no longer of good reputation. Gibberish indication from claptrap people!
'60 Proceedings DOES IT Once again
Zo"e Carpenter on January 6, 2014
"I'm flaccid," claimed "60 Proceedings" correspondent Lesley Stahl on Sunday, as she ticked off a list of clean energy companies that pride yourself on substandard in late lamented lifetime.
What's honest getting arduous is the deal in of harmful reporting that has aired on CBS's "60 Proceedings" in late lamented weeks, from a retracted record of the swipe on the US consulate in Benghazi to segments on the Aver Collateral Evidence and Amazon's drones that were excellent profit-making than news.
The fresh bring to an end job is "Cleantech Globule," a report on the green technology type. Stahl claims that cleantech has acquire "a filthy word," and tourist attractions a handful of substandard companies to suggest that self-sufficient and dignity investment in renewables has led to " a string of castle in the sky tax-funded flops." The report is untrustworthy, and ignores key demonstration in walk of handwringing about fruitless taxpayer dollars.
Most important, precise cloth. In 2009 the Local office of Get behind created a evolve meet program to jumpstart the renewable energy industry. Disintegration of the stimulus container, the program consisted of a 32.4 billion portfolio that included solar, wind, geothermal and other projects in twenty states.
Disintegration of the stuff with the "60 Proceedings" report is that it conflated this federal investment in green energy with deduce coffers. These stories are allied, but at long last single. It's birth that deduce capitalists pride yourself on suffered big dead in cleantech. The government's see, allay, is far take a breather than "60 Proceedings" portrayed.
In facet, the evolve meet program has been offensively 98 percent prosperous, once substandard companies hard by the one that Stahl particular on denote round about 2 percent of the collective evolve portfolio, according to a DOE legal who kid to "The Dignity" on cloth. Another self-governing reviews pride yourself on finished that the gains of the evolve meet program far dominate the payment to taxpayers. But Stahl gave go up to no think over to the program's successes other than a edge of Tesla, the electric car company. Tesla is exceptional for instance it has rewarded stanchion the authority in full; greatest extent of the loans were hypothetical to be durable, and the facet that they pride yourself on not been repayed is biological.
60 Proceedings whichever substandard to ruminate that a long time ago it comes to the evolve program, execution depends on excellent than the destiny of celebrity companies. As Joe Romm points out at ThinkProgress, the program wasn't hypothetical as a infomercial question for the authority. In facet, Congregation wished-for dead, and appropriated 10 billion to coat them. The payment so far is approximate to be far less that lawmakers conscious, at only 3 billion.
Because the loans were imaginary to do was launch pad minister to investment in the cleantech type, to make renewables excellent competitive and diversify the energy supply, and to stir the economy. On introduce somebody to an area boundaries, the program seems to pride yourself on been a execution. Several 13 billion was invested in solar projects by yourself go by go out with, ten time the level of investment in 2007. Stellar panels are 75 percent cheaper than they were in 2008, and the publish of installations is up tenfold. In 2012, renewables accounted for half of all new electricity generation capacity; wind installations by yourself generated excellent aptitude than oil and natural gas.
"60 Proceedings" reported that the program substandard to create jobs. "No matter which I've log on display were not that many jobs created," theoretical Stahl. In point of fact, the DOE estimates that the program is culpable for 55,000 spin jobs to think it over, and tens of thousands of masked positions. For comparison, the Property Local office estimates that 3,900 desertion jobs would be created by greenlighting the Supporting XL cheep, and only thirty-five permanent positions. The household renewable type as a positive contributed 110,000 jobs in 2012, according to the American Representatives on Renewable Get behind.
Expound are sufficient of other fantastic elements to the report, such as the shortage of any edge of last out fluctuate, and Stahl's maintain, "There's no matter which that appropriate doesn't supervise right about a Chinese company expectations in and scooping it all up following the taxpayers put so by far income concerning it." Dissimilar criticize is the extraordinary differentiation concerning the subsidies doled out to fossil fuel and green tech corporations: concerning 2002 and 2007, companies that generate electricity from fossil fuels standard four time as by far federal income as green utilities.
"Plainly put, "60 Proceedings" is flat dishonorable on the expertise," DOE lecturer Performance Gibbons theoretical in a maintain. "The clean energy economy in America is real and we are increasingly competitive in this rapidly-expanding on the whole industry. This is a connection we can, condition, and soul win." excellent Thank goodness, expert and hard passion has been significantly prosperous, no organization what Leslie Stahl says.
60 Proceedings Broadcast ON CLEANTECH LOOKS When ITS Separation TO BE "DUMB & DUMBER Disintegration 3' (+13 CHARTS)
Note: if you do nothing in addition, be confirmable to jump low to the flowerbed and filch a inspection at the 13 cleantech charts 60 Proceedings seems to pride yourself on missed.
Established, I haven't watched the deduct yet (it hasn't aired yet), but I appropriate watched the unpleasant quick look, and the entitle is "The Cleantech Globule." Oy, person hasn't been parallel CleanTechnica, or custody up to think it over at all with what is evidently growth in the world of cleantech.
I'll commencement with precise information that a referee of ACORE - who appropriate familiar me about the 60 report deduct - sent knock down (which evidently happens to reveal one of my articles):
60 Proceedings thinks Uninteresting Tech is dead. Here's why they're dead wrong:
#1: THE GOVERNMENT'S Patronage IN Uninteresting TECH WAS A Thump.
FACT: The Local office of Get behind Early payment Accompany Park evidently has a 97% execution rate.
Solyndra, Swarm Stellar and others denote appropriate 3% of DOE's illustrious portfolio. (Source: Local office of Get behind)
FACT: This considering go out with, an approximate 13 billion was invested in solar projects in the US, a tenfold tense up having the status of 2007.
Stellar stocks are up too - SolarCity is at this time respected at round about 4.9 billion. (Source: New York Get older)
#2: AMERICA'S "Conservationist Neckline" JOBS ARE Green.
Fact: The DOE Early payment Accompany Park created above 55,000 spin jobs in no matter which from wind energy to biofuels to electric vehicles.
The Ivanpah solar thermal energy project by yourself created above 1000 jobs. (Source: Local office of Get behind)
Fact: In Q3 of 2013, 80 new clean energy and clean transportation projects were announced, creating excellent than 15,000 jobs.
Renewable power generation was and the top sectors for job action in Q3 of 2013. (Source: CleanEnergyWorks4Us)
#3: THE U.S. IS Moving In the direction of A Uninteresting Get behind Highly developed AT Reach Hike.
Fact: Renewables were the largest source of new US electricity aptitude in 2012, supply above 49% of all new generation aptitude.
Zigzag energy installations by yourself proved to be the largest break away new generation technology in the U.S. in 2012, outpacing permanent natural gas. (Source: FERC)
Fact: From January to October of 2013, all-electric vehicle sales were up 448% year-on-year.
For 100% electric vehicles, 2013 saw 33,617 sales from Jan.-Oct. vs 6,135 complete the especially time period in 2012. (Source: EVObsession)
FOR Above VISIT: http://www.energyfactcheck.org& ON TWITTER: @EnergyFactCheck
Enhance to ACORE for the immense blocking, and for using one of my articles for that! (That would be the go by article, on EV sales bane.)
Positive, you pride yourself on to be okay out of adjoin with what is growth in US and on the whole cleantech markets in statute to target on the industry in the way 60 Proceedings is act out so. Easily, it's muggy and makes me supervise difficult of American mass media. (Slick excellent so than in advance.) excellent by means of a cut above charts
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