The Spin Doctors of “Renewable Energy”
http://frontpagemag.com/2012/06/15/the-spin-doctors-of-renewable-energy/print/
The spin doctors of renewable energy are in overdrive. On June 11 the renewable energy establishment jointly released the UN’s annual report on financial investment in the sector (Global Energy Investment 2012) and the annual report by REN21 (Renewable Energy Policy Network for the 21st Century, a UN spinoff) which focuses on the end uses of renewable energy — how much is being used in what sectors of the economy. The double release was timed nine days prior to the UN’s coming summit on “sustainable development” entitled Rio + 20 [it’s been years since the last Rio environmental gabfest]. It is designed to push the summit–with an expected attendance of 50,000, from heads of states to run of the mill activists– to enact yet more subsidies for renewables in pursuit of the holy grail: a “green” economy.
No one expects the media or delegates to read lengthy reports. In this case a single summary report of both reports has been issued, so that it is not even necessary to read two summaries. As in the case of the UN’s International Panel on Climate Change reports, the summary is more tendentious and politically loaded than the reports on which it is based. But given that the summary is what is widely read and quoted–certainly it’s all the Rio delegates are likely to read–it carries the greatest weight. And it has a dual message. On the one hand the renewables sector is moving forward splendidly. Investment in solar has now outstripped that in wind and overall investment in renewables in 2011 grew 17% over 2010 despite the miserable economy. End uses have also grown strongly, to the point where renewables now supply 16.7% of total global energy consumption. On the other hand, there are headwinds. Those lower costs create pain on the supply side, sinking some major companies. Bottom line: the summary report quotes Achim Steiner, Executive Director of the UN Environmental Programme: “This sends yet another strong signal of opportunity to world leaders and delegates meeting later this month…It is essential to continue government policies that support and nurture the sector’s growth…Otherwise the low-carbon transition could weaken just at the point when exciting cost reductions are starting to transform the economics.” A not so veiled threat here to the assemblage at Rio. Keep the subsidies coming or the green economy could collapse and it will be your fault.