{"id":263211,"date":"2010-02-01T19:30:01","date_gmt":"2010-02-02T00:30:01","guid":{"rendered":"http:\/\/www.grist.org\/article\/2010-02-01-why-senators-dont-see-the-clean-energy-boom\/"},"modified":"2010-02-01T19:30:01","modified_gmt":"2010-02-02T00:30:01","slug":"why-senators-dont-see-the-clean-energy-boom","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/263211","title":{"rendered":"Why senators don&#8217;t see the clean energy boom"},"content":{"rendered":"<p>\t\t\t\tby Jonathan Hiskes <\/p>\n<p>You might not have heard, because almost nobody reported it, but new clean-energy projects <a href=\"http:\/\/greeninc.blogs.nytimes.com\/2009\/06\/03\/clean-energy-funding-trumps-fossil-fuels\/\">attracted more global funding in 2008<\/a> than fossil-fuel projects did. For the first time ever, investors put more money in solar, wind, geothermal, and hydropower than in fuels that must be burned, according to a <a href=\"http:\/\/sefi.unep.org\/english\/globaltrends2009.html\">U.N. report<\/a>. And when venture-capital funding tanked in 2009 because of the recession, cleantech <a href=\"http:\/\/www.usatoday.com\/money\/industries\/environment\/2010-01-06-clean-tech-funding_N.htm\">weathered the downturn better<\/a> than any other sector. People with money to invest are choosing clean energy over dirty.<\/p>\n<p><\/p>\n<p>But lawmakers who shape energy legislation are not, quite possibly because they don&rsquo;t don&#8217;t have a good understanding of the energy landscape. Because they spend their weekends with oil lobbyists. In Miami Beach:<\/p>\n<p>Twelve Democratic Senators spent last weekend in Miami Beach raising money from top lobbyists for oil, drug, and other corporate interests that they often decry, according to <a href=\"http:\/\/www.politico.com\/static\/PPM143_100201_dscc_miami.html\">a guest list for the event obtained by POLITICO<\/a>.<\/p>\n<p><\/p>\n<p>The guest list for the Democratic Senatorial Campaign Committee&#8217;s &#8220;winter retreat&#8221; at the Ritz Carlton South Beach Resort doesn&#8217;t include the price tag for attendance, but the maximum contribution to the committee, typical for such events, is $30,000. There, to participate in &#8220;informal conversations&#8221; and other meetings Saturday, were senators including DSCC Chairman Robert Menendez; Michigan&#8217;s Carl Levin and Debbie Stabenow; Bob Casey of Pennsylvania; Claire McCaskill of Missouri; freshmen Kay Hagan of North Carolina and Mark Begich of Alaska; and even left-leaning Bernie Sanders of Vermont.<\/p>\n<p>Ben Smith&rsquo;s <a href=\"http:\/\/www.politico.com\/blogs\/bensmith\/0210\/Dem_senators_spent_weekend_with_bank_energy_tobacco_lobbyists.html?showall\">piece in Politico<\/a> notes the hypocrisy of senators pretending not to be in the pocket of corporate interests when in fact they are. But even if lawmakers want to make honest choices, &ldquo;winter retreats&rdquo; like this are giving them a skewed understanding of what&rsquo;s really happening in the energy industry, for one. If they knew what investors know, they might rethink the <a href=\"http:\/\/feeds.grist.org\/article\/2009-09-22-fossil-fuel-subsidies-dwarf-clean-energy-subsidies-obama-wants\">tremendous advantage<\/a> they give to fossil fuels via subsidies and tax breaks:<\/p>\n<p><\/p>\n<p><a href=\"http:\/\/eli.org\/pressdetail.cfm?ID=205\"><\/a>Publicly funding climate change.<\/p>\n<p><strong>Related Links:<\/strong><\/p>\n<p><a href=\"http:\/\/www.grist.org\/article\/2010-02-02-cleantech-execs-learn-to-lobby\/\">Cleantech execs learn to lobby<\/a><\/p>\n<p><a href=\"http:\/\/www.grist.org\/article\/2010-02-02-climate-accord-gets-boost-but-key-elements-still-missing\/\">Climate accord gets boost, but key elements still missing<\/a><\/p>\n<p><a href=\"http:\/\/www.grist.org\/article\/2010-02-01-digging-into-obamas-2011-budget\/\">Digging into Obama&#8217;s 2011 budget on energy and the environment<\/a><\/p>\n<p>\t\t\t<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<br clear=\"both\" style=\"clear: both;\"\/><br \/>\n<a href=\"http:\/\/ads.pheedo.com\/click.phdo?s=cbdf76efadf94debd325ae1fe1225b32&#038;p=1\"><img decoding=\"async\" alt=\"\" style=\"border: 0;\" border=\"0\" src=\"http:\/\/ads.pheedo.com\/img.phdo?s=cbdf76efadf94debd325ae1fe1225b32&#038;p=1\"\/><\/a><br \/>\n<img loading=\"lazy\" decoding=\"async\" alt=\"\" height=\"0\" width=\"0\" border=\"0\" style=\"display:none\" src=\"http:\/\/a.rfihub.com\/eus.gif?eui=2223\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>by Jonathan Hiskes You might not have heard, because almost nobody reported it, but new clean-energy projects attracted more global funding in 2008 than fossil-fuel projects did. For the first time ever, investors put more money in solar, wind, geothermal, and hydropower than in fuels that must be burned, according to a U.N. report. And [&hellip;]<\/p>\n","protected":false},"author":765,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-263211","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/263211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/765"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=263211"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/263211\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=263211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=263211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=263211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}