Amory Lovins Nails Renewable Energy Costs, Energy Subsidies, & Myth of Baseload

Below is a wonderful video of Amory Lovins explaining the energy subsidy inequality (favoring fossil fuels) in the U.S. today, renewable energy costs, and the myths of baseload power. But first, Peter Sinclair’s apt comments on the interview, which doesn’t only include Lovins:

The video above from Bloomberg shows the best and worst of energy/economics communications.

First you’ve got a next-quarter obsessed wall street wonk, incapable of stepping out of market-speak, or group-think, even for a microsecond. Then you’ve got a time pressed journalist who allows an outrageous unsupported talking point to go by unanswered at the end, as time runs out. (if time is short, cut to the chase at 7:25)

Fortunately, Amory Lovins uploaded a correction to the misinformation the same day, which I’ve spliced in at the end.

Thanks, Peter!