Mainstream Media Bias

Why The Media Continues To Get It Wrong On Renewable Energy

Written by Green Chip Stocks
Posted February 2, 2012 at 3:25PM

I continue to be surprised by the bad and shallow analysis of renewable energy subsidies done by the mainstream media.

Most of it is due to bad research and lack of investigative and unbiased journalism. And many writers with little or no background in energy or cleantech, sensationalize an issue by taking a report from some biased think tank and presenting it as an unbiased analysis. Here is one example from a website ironically called

What the writer is saying is that Germany is spending massive amounts of subsidies to get a very little amount of power. Now here's what he missed:

1) He is not comparing the subsidies for solar with the subsidies of fossil fuels. Does he know that Fossil Fuel Subsidies globally amount to $550 billion a year, which is many times more than that given to Solar, Wind and other forms of renewable energy? .Even a developed country like Norway gives 5 times more subsidies to fossil fuels than renewable energy

2) He says that 18 billion euros is the cost of solar energy over 20 years . He conveniently forgets/does not know the basic concept of time value of money.

3) He does not consider the costs on health, pollution, mining deaths and other social costs of fossil fuel-based electricity. He forgets to mention the BP Oil Spill and the Fukushima Disaster.

4) He says it is cheaper to do energy efficiency than solar energy, a fact that is already well known. But will energy efficiency alone solve our global warming problems. Nobody doubts the fact that energy efficiency is cheaper, but you need cleaner power generation as well.

Mainstream media is woefully inadequate at presenting the problems we are faced with, particularly when it comes to a topic as complex and vilified as climate change. Taking a report and presenting it without a balanced opinion just makes it worse.

Read more on Pros and Cons of Renewable Energy here

Enjoy this article? Get more in our Free Newsletter

Get the inside track on the most lucrative stock plays in today's scorching-hot alternative and renewable energy markets.

Sign up for the FREE Energy and Capital daily e-Letter from alternative energy experts Jeff Siegel and Nick Hodge. We'll also send you our latest report on Wind Investing straight to your inbox.

Your Privacy is Assured.

Jeff Siegel on CNBC

Green Chip Stocks Editor Jeff Siegel, featured guest on CNBC's Green Week

Related Articles

Goldwind Lands 13 North American Wind Power Contracts
With competition heating up, will Chinese wind manufacturers take the lead?
Solar Stocks 2012
Is solar a good investment? It is if you know what you're doing.
Big Oil Electric Vehicle Projections
I don't hate the oil companies. In fact, I find them quite entertaining. Especially when they offer their data on electric vehicle integration.