
Just weeks after a humiliating apology for a flawed story on the Benghazi, Libya attack of September, and the suspension of Lara Logan for her role in that, the once great 60 Minutes has done it again, proving what happens when you hire a Fox News flack to be your leader. (see below)
Joe Romm in Climate Progress:
Clean technology is booming by every key indicator — but you would never know that from Sunday’s absurd 60 Minutes piece touting an imaginary “Cleantech Crash.”
As documented in the recent Department of Energy (DOE) report, “Revolution Now: The Future Arrives for Four Clean Energy Technologies,” the only thing in cleantech that is crashing is the cost of key components. This price crash has enabled explosive growth in wind power, solar power, LED lights and electric vehicles, as shown in the four charts from the report reposted here.
Ironically, this boom is so self-evident that just Saturday the New York Times published afront page story on “the solar power craze that is sweeping Wall Street.” As the article notes, “Solar companies have had the wind at their backs lately.”
It’s true there have been some losers among cleantech companies, but that’s precisely what you would expect in an industry where the norm has become ruthless cost-cutting, which in turn is a great boon to consumers.
But for 60 Minutes, this incredible boon is a bust. Here’s a transcript of a clip from the show:
LESLIE STAHL (over pictures of solar panels, biofuels, wind turbines): “It’s called clean tech. And the new technologies that were developed in the energy sector were supposed to create jobs, and help America break its reliance on fossil fuels. The government supported it, and billions of tax dollars were spent. So how is the investment going?
STAHL (to DOE interviewee): “Solyndra went through half a billion dollars before it failed. Then I’m going to give you a list of other failures. Abound Energy. Beacon Power. Fisker. VPG. Pfff…I’m exhausted.”
INTERVIEWEE: “As I told you at the beginning, the energy business is tough!”
Continue reading “60 Minutes in Toilet Again. Is Fox in the Henhouse?”











