By Joe Romm
Why does The New York Times keep pushing nuclear power, whose prices keep rising even as demand has collapsed in every market economy? And why do they keep dissing renewables, whose prices have dropped precipitously while demand has grown beyond expectation here and around the world?
This month alone, the Times managed to publish two pieces whining that the poor, neglected nuclear power industry is having trouble competing with renewables because solar and wind have become … so darn cheap.
The fact is that on a purely economic basis, nuclear power has to a great extent priced itself out of the market for new power, even for new carbon-free power. Heck, even the French can’t build an affordable, on-schedule next generation nuclear plant in their own nuclear-friendly country!!
But rather than report accurately on the renewable energy miracle, as, say, the International Energy Agency (IEA) and Bloomberg New Energy Finance (BNEF) have, the Times manages to publish articles in its business section headlined, “How Renewable Energy Is Blowing Climate Change Efforts Off Course.” Seriously.
In its latest report on the subject, “The Low Carbon Economy: Our Thesis In 60 CHARTS,” Goldman Sachs has several charts on “Emissions: How low carbon technologies begin to bend the curve.” […]