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Why is New York Times shilling for the clearly failing technology of nuclear power, while dismissing renewables?

media-propagandaNew York Times Shills For Moribund Nuclear Power, Disses Renewables Revolution, Climate Progress BY JOE ROMM JUL 25, 2016 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.

Utterly lost on the Times is the irony that nuclear power was originally touted as a key part of a future where electricity was “too cheap to meter.” Now it’s just another inflexible but powerful dinosaur industry being crushed in the marketplace by a superior product — kind of like mainframe computers or the horse and buggy or … print newspapers.

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.

I will be debunking this wildly misleading piece — which is by Eduardo Porter, an economics correspondent (!) — point by point in my next post, but for now, let me just post some actual numbers (and quantified projections). 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.” Here’s just one: [on original]

Goldman Sachs concludes, “On our wind and solar numbers, emissions in IEA scenarios could peak as early as c.2020, rather than 2030.” So, yeah, “Renewable Energy Is Blowing Climate Change Efforts Off Course” — off course from failure to possible success.

The Times piece is the kind of nonsense you would expect to see on an ultra-conservative website with the headline “There Are Serious Problems With Wind And Solar.” Still, it’s probably just a coincidence that the ultra-conservative Daily Caller website repackaged the Times piece with that headline, and this lead: “Wind and solar power have been expensive boondoggles that won’t develop fast enough to affect global warming, according to a New York Times (NYT) article published Wednesday.”

It’s probably just a coincidence that the Times has a history of inflating nukes and deflating renewables….

It’s probably just a coincidence that one of the leading energy reporters for the Times, 30+ year veteran Matt Wald, after leaving the paper joined the Nuclear Energy Institute to become senior director of policy analysis and strategic planning last year.

It’s probably just a coincidence that the Times has been running this sponsored post from a pro-nuke group: Don’t worry, that’s all made clear in small type to readers who can breathe easy that “The news and editorial staffs of The New York Times had no role in this post’s preparation.”

OK, on closer inspection, it does not appear to be a coincidence that, for a long time now, ridiculous stories dissing renewables and favoring nukes have been the norm (see, for instance, my 2009 post “NYT’s Matt Wald blows the ‘Alternative and Renewable Energy’ story, quotes only industry sources, ignores efficiency and huge cost of inaction” and my 2011 post, “The New York Times Abandons the Story of the Century and Joins the Energy and Climate Ignorati”). I will examine a number of more recent pieces below………

Let’s look at some pieces in just the last year that reveal the Times’ apparent ongoing slant……

For decades, the entire conservative political establishment and right-wing media have devoted themselves to blocking all climate action, to spreading disinformation on climate action, and, sometimes, even opposing the use of the word “climate change.” They have also generally devoted themselves to spreading misinformation on clean energy and opposing policies that promote it. For decades, the liberal Democratic “establishment” has supported nuclear power and enacted pro-nuclear policies in national energy bill after national energy bill — including tax incentives andloan guarantees for new plants. And let’s not forget the repeated renewal of the Price-Anderson Nuclear Industry Indemnity Act, which puts the taxpayer on the hook for the cost of a truly major disaster and is probably a $100 billion-dollar subsidy by itself.

In any case, even with all those subsidies, new nuclear power has priced itself out of the marketplace, something this article [from New York Times] never mentions — and so it is perfectly rational for someone who is concerned about climate change to understand that new nuclear power is at best a relatively modest piece of the solution (as the IEA and Nuclear Energy Agency concluded last year), and at worst a very expensive distraction……

And you don’t have to take my word — or the Times’ word. “Ever since the completion of the first wave of nuclear reactors in 1970, and continuing with the ongoing construction of new reactors in Europe, nuclear power seems to be doomed with the curse of cost escalation,” read one 2015 journal article, “Revisiting the Cost Escalation Curse of Nuclear Power.”

Then there’s the Financial Times reporting last October on France’s newest Normandy plant, which originally was projected to cost €3bn ($3.3 billion) and start producing power in 2012. Instead, it “will not start until 2018 at a cost of €10.5bn [$11.3 billion].” Yes, even the French can’t build an affordable, on-schedule next-generation nuclear plant in their own nuclear-friendly country. Does that make them anti-science, too?…..

The key question is why does the Times have a pattern in which it overhypes nuclear power well beyond what the facts warrant — while at the same time generally underselling and minimizing the solar and wind well beyond what the facts warrant? Perhaps, just for the sake of appearance, they should stop running paid pro-nuke ads (that are virtually indistinguishable from their own unbalanced pro-nuke pieces) until they can answer this question.

July 28, 2016 - Posted by | media, USA

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