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May 26, 2012
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Will Media Report Gore's Stake in Electricity Conversion?

By Noel Sheppard | July 18, 2008 | 10:46

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As my fellow NewsBuster Amy Ridenour accurately reported, global warming obsessed media are predictably gushing over Nobel Laureate Al Gore's call for America to completely convert all of its electricity production to solar, wind, and other renewable sources by 2018 (photo courtesy AFP).

As they gush, fawn, and genuflect, will press members dare to point out that Gore is heavily invested in companies which manufacture that which he's recommending America convert to?

After all, as NewsBusters reported on April 11, Gore admitted his financial stake in such things to an audience in Monterey, California, back in March (video available here, relevant section begins at minute 15:00):

There are a lot of great investments you can make. If you are investing in tar sands, or shale oil, then you have a portfolio that is crammed with sub-prime carbon assets. And it is based on an old model. Junkies find veins in their toes when the ones in their arms and their legs collapse. Developing tar sands and coal shale is the equivalent. Here are just a few of the investments I personally think make sense. I have a stake in these so I’ll have a disclaimer there. But geo-thermal concentrating solar, advanced photovoltaics, efficiency, and conservation.

As Gore spoke these words, pictures of electric cars, windmills and solar panels appeared in multiple slides on the screen with company names at the bottom such as Amyris (biofuels), Altra (biofuels), Bloom Energy (solid oxide fuel cells), Mascoma (cellulosic biofuels), GreatPoint Energy (catalytic gasification), Miasole (solar cells), Ausra (utility scale solar panels), GEM (battery operated cars), Smart (electric cars), and AltaRock Energy (geothermal power).

Now, seven months later, he's proposing:

Scientists have confirmed that enough solar energy falls on the surface of the Earth every 40 minutes to meet 100 percent of the entire world's energy needs for a full year. Tapping just a small portion of this solar energy could provide all of the electricity America uses. And enough wind power blows through the Midwest corridor every day to also meet 100 percent of U.S. electricity demand. Geothermal energy, similarly, is capable of providing enormous supplies of electricity for America. 

The quickest, cheapest, most efficient, and best way to start using all of this renewable energy is in the production of electricity. In fact, we can start right now using solar power, wind power, and geothermal power to make electricity for our homes and businesses.

Check. Invested in all that!

We could further increase the value and efficiency of a unified national grid by helping our struggling auto companies switch to the manufacture of plug-in electric cars and save those auto jobs and renew our auto companies.

Check. Invested in that, too!

Will media members EVER make this connection and report it? Or, is that too much like journalism?

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Noel Sheppard is the Associate Editor of NewsBusters. Click here to follow Noel Sheppard on Twitter.
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