Investor's Business Daily

Thu, 2011-10-13 07:51Steve Horn
Steve Horn's picture

Mainstream Media Fail to Cover Story on True Costs of Coal

Yesterday, ​Media Matters​ reported in a story titled, “Media Ignore Study On Real Price Of Coal-Fired Power,” that since the release of a ground-breaking report by the American Economic Review, titled “Environmental Accounting for Pollution in the United States Economy,” not a single mainstream media outlet has echoed the findings of the report – not a single one.

Wrote ​Media Matters,

A study published in the prestigious journal American Economic Review estimates that the costs imposed on society by air pollution from coal-fired power plants are greater than the value added to the economy by the industry. The study concluded that coal may be 'underregulated' since the price we pay for coal-fired power doesn't account for its costs.

According to a Nexis search, not a single major newspaper or television network has covered the study. By contrast, an industry-funded report on the cost of EPA regulations of these air pollutants has received considerable media attention.

By contrast, the mainstream media have flocked like vultures to an American Coalition for Clean Coal Electricity (ACCCE) “study,” reporting it as gospel, even though ACCCE is merely a coal industry front group. That “study” concluded that two Clean Air rules would result in the loss of 1.4 million job-years by 2020 and increase electricity rates by over 23 percent in some areas.

Mon, 2008-02-11 10:27Richard Littlemore
Richard Littlemore's picture

Scientist Busts Biz Sheet for Misrepresenting His Work

National Research Council of Canada scientist Dr. Kenneth Tapping has offered whithering criticism of Investor's Business Daily for reporting that Tapping is among those who deny that greenhouse gases are the principal cause of current global warming.

IBD had reported the lobbyist Dr. Tim Patterson's favourite theory that greenhouse gases are irrelevant and that a drop in sunspots is actually going to set off a round of global cooling, and it suggested that Tapping agrees with this position. To which Tapping responds:

“If there is a cooling due to the solar activity cycle laying off for a bit, then the a period of solar cooling could be a much-needed respite giving us more time to attack the problem of greenhouse gases, with the caveat that if we do not, things will be far worse when things turn on again after a few decades.”

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