IEA “experts” not particularly expert

The SafeEnergy.org blog once again pulls off another lovely piece of critical analysis. If you dont have time to read the whole thing (which is only a couple pages long, i will summarize my key take away points:

1) The extremely highly paid energy experts at the IEA (International Energy Agency) which is part of the OECD are responsible for many things – but especially for forecasting future energy demand and supply. Looking back at their forecasts for wind and solar from a decade ago, we find that they horrifically under estimated these trends. By a factor of 5. Greenpeace however, writing at about the same time, got it almost exactly right.

2) Nuclear promoters complain about renewable subsidies and tax breaks. But the very short tax breaks given wind and solar inspire little investor confidence, while nuclear has guaranteed tax breaks for 25 years. Demonstrating once again their hypocrisy.

But read the article, and subscribe to safeenergy.org = and excellent source.