A Cleantech Crash? Probing 60 Minutes' Claim That Clean Energy Is on 'Life Support'

The Energy Gang

Wood Mackenzie

Alternative Energy, Tech News, 958784, Environment, Technology, Renewable Energy, Energy, Business, Sustainability, Wind Energy, Climate Change, Cleantech, News, Solar Energy, Innovation, News Commentary

4.6 • 1.3K Ratings

🗓️ 6 January 2014

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

On Sunday, the popular CBS news magazine "60 Minutes" aired a story on a supposed "cleantech crash." Reporter Lesley Stahl looked at the troubles in venture capital, and used them to declare government cleantech investments a virtual failure. In this podcast, we’ll look at the quality of the "60 Minutes" reporting, parse the reactions within the cleantech sector, and fill in some crucial gaps left by the story. Then, we'll ask why Energy Information Administration projections are so far from reality, and ask whether Ford's new solar concept car actually makes sense. The Energy Gang is produced by Greentechmedia.com. The show features weekly discussion between energy futurist Jigar Shah, energy policy expert Katherine Hamilton and Greentech Editor Stephen Lacey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:00.0	For the week of January 6th, 2014, this is the Energy Gang Podcast from Green Tech Media. media. with you from Washington DC and the energy gang is all here after a holiday
0:25.5	hiatus we are well rested recharged and ready to dissect the week's energy
0:29.7	news once again and it didn't take long for the news to start rolling in. So here to help
0:35.2	us understand it are my two regular co-hosts. In Washington is Catherine Hamilton,
0:39.9	a partner at the Clean Energy Public Policy Consulting Firm 38 North Solutions.
0:44.4	Hey Catherine, happy new year.
0:46.2	Happy New Year to you as well.
0:47.9	I'm really excited to start 2014.
0:50.6	You bet, how did 2013 end up? It was great. I couldn't stay in my snuggie the entire time because of the four kids thing but we still I still had a lot of relaxation
0:59.7	Excellent and in New York perhaps in a snuggie, we're not sure.
1:04.0	It's clean energy investor and energy futur shaw.
1:07.0	Hey Jigger, how are you?
1:08.0	Hey, how are you?
1:10.0	I refuse to wear a snuggie so it is not something you will see me in but I did
1:16.6	spend a lot of time in the snow here in New York so all right so last night
1:20.7	Twitter was a flutter with reaction to a 60 minutes piece on
1:24.4	Clean Tech investment. The story somewhat sensationalistically declared that
1:28.6	clean tech is dead or at least on life support. We of course have our opinions on that claim. In our first
1:34.4	segment we're going to look at the quality of that 60 minutes reporting, parse the
1:38.3	reactions within the clean tech sector, and fill in some crucial gaps left by
1:42.1	the story.
1:43.0	Then we'll take a look at the latest analysis from the U.S. Energy Information Administration.
	...

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