2012 Energy Policy After Solyndra – Axelrod Transcript

2012 Energy Policy After Solyndra – Axelrod Transcript

By Alison van Diggelen, host of Fresh Dialogues

Here is a transcript of my interview with David Axelrod on January 27, 2012 re. Solyndra, 2012 Energy Policy and President Obama’s State of the Union speech. Video here

ALISON VAN DIGGELEN: Hello and welcome to Fresh Dialogues. Today I’ll be talking with David Axelrod. President Obama’s Chief Political Strategist. David, thank you for joining me today on Fresh Dialogues

DAVID AXELROD: Happy to be here.

ALISON VAN DIGGELEN: Good. Now Obama has started his first  (2012) Campaign ad with a defense of his clean energy policy. Why did Obama choose to start with green?

DAVID AXELROD:  The ad that it was responding to was an ad sponsored by a SuperPAC… sponsored by the Koch brothers… two oil billionaires … and it was an attack  particularly on the Solyndra issue but it was really an attack on the whole green energy initiative of the president’s. And we’re proud of that initiative…we’re proud that we’re on par to double renewable energy during the course of his first term. He believes very strongly that we need to command the clean energy technology of the future and that as a country we need to be encouraging the development of clean energy technology or we’re going to see that go to other parts of the world.

ALISON VAN DIGGELEN: You mention Solyndra specifically. Solyndra seems to be a thorn in the side of Obama. It keeps coming up. How does he intend to remove the thorn?

DAVID AXELROD: All you can do is be open and candid about it. We knew when made investments in clean energy technology that some would do well and others would not. That’s the nature of this…these are speculative investments. And that’s the reason why they needed some nudging from the government in order to blossom…You can look at Solyndra or you can look at the fact that when we started, the US had about 2% of the advanced battery manufacturing for electric cars. We’re on course to get to 40% by the middle of this decade.

ALISON VAN DIGGELEN: That’s impressive.

DAVID AXELROD: That wouldn’t have happened without the investments we’ve made. We’ve seen real growth in solar and in wind energy and so these are investments that are paying off for the country. I’m very certain that we’re going to look back at the seeds that were planted during this period and we will say that it has made a big difference for the country in a positive way.

ALISON VAN DIGGELEN: What percentage of the program’s investment went to Solyndra?

DAVID AXELROD: There were forty under this specific program, so it was a small percentage of the entire program. It was a program… that was begun under the Bush Administration and we accelerated that program because we do believe that we are in a real competition for the clean energy technology of the future and we as a country have a great interest in developing alternative energy and home grown domestic energy and renewable energy. These were investments that made sense. Some will pay great dividends, others unfortunately will not.

ALISON VAN DIGGELEN: Yes.

DAVID AXELROD: Plainly, we have to have our eye on the future and really encourage and develop renewable sources of energy. It’s good for the planet, it’s good for the economy, it’ll create great jobs…high end manufacturing jobs. This is going to continue being a thrust for us. We’re not going to back off.

ALISON VAN DIGGELEN: Thanks for joining us.

 

The interview took place backstage at Foothill College’s Celebrity Forum on January 27, 2012. Check back soon for more with David Axelrod:

On Michelle Obama’s influence on green policy

Read transcripts, see photos and check out our ARCHIVES featuring exclusive interviews with Tom Friedman, Paul Krugman, Vinod Khosla and many more green experts and visionaries…

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2012 Energy Policy After Solyndra – Axelrod Interview

2012 Energy Policy After Solyndra – Axelrod Interview

By Alison van Diggelen, host of Fresh Dialogues

The implosion of Solyndra last year was a blow to the Obama administration’s clean energy technology program, but as the 2012 State of the Union underlined, it hasn’t dampened the president’s enthusiasm for encouraging renewable energy sources. In this exclusive Fresh Dialogues interview, I sat down with David Axelrod, Obama’s Chief Political Strategist, to find out why. Interview transcript here

President Obama chose to address clean energy in his first 2012 Campaign ad – Why?

“The ad that it was responding to was an ad sponsored by a SuperPAC…sponsored by the Koch brothers… two oil billionaires … and it was an attack  particularly on the Solyndra issue but it was really an attack on the whole green energy initiative of the president’s. We’re proud of that initiative…we’re proud that we’re on par to double renewable energy during the course of his first term. He believes very strongly that we need to command the clean energy technology of the future and that as a country we need to be encouraging the development of clean energy technology or we’re going to see that go to other parts of the world.”

Solyndra appears to have become a thorn in the side of Obama. How does he intend to remove the thorn?

“All you can do is be open and candid about it. We knew when made investments in clean energy technology that some would do well and others would not. That’s the nature of this…these are speculative investments. And that’s the reason why they needed some nudging from the government in order to blossom…We’ve seen real growth in solar and wind energy and so these are investments that are paying off for the country. I’m very certain that we’re going to look back at the seeds that were planted during this period and we will say that it has made a big difference for the country in a positive way.”
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What percentage of the program’s investment went to Solyndra?

“There were forty under this specific program, so it was a small percentage of the entire program. It was a program… that was begun under the Bush Administration and we accelerated that program because we do believe that we are in a real competition for the clean energy technology of the future and we as a country have a great interest in developing alternative energy and home grown domestic energy and renewable energy. These were investments that made sense. Some will pay great dividends, others unfortunately will not.”

Note: in a recent report at ClimateProgress, Stephen Lacey confirmed that Solyndra’s loan guarantee amounted to 1.3% of the DoE’s total loan portfolio.

On the importance of clean energy technology

“We have our eye on the future and really encourage and develop renewable sources of energy. It’s good for the planet, it’s good for the economy, it’ll create great jobs…high end manufacturing jobs.”

On the future

“This is going to continue being a thrust for us. We’re not going to back off.”

The interview took place backstage at Foothill College’s Celebrity Forum on January 27, 2012. Check back soon for more with David Axelrod:

On Michelle Obama’s influence on green policy

On The First Lady’s organic garden at the White House

Read transcripts, see photos and check out our ARCHIVES featuring exclusive interviews with Tom Friedman, Paul Krugman, Vinod Khosla and many more green experts and visionaries…

and join the conversation at our Fresh Dialogues Facebook Page

Check out exclusive VIDEOS AT THE Fresh Dialogues YouTube Channel

Tom Brokaw: Climate Change is Real

Tom Brokaw: Climate Change is Real

By Alison van Diggelen, host of Fresh Dialogues

Days before the Global Climate Conference in Durban South Africa, NBC’s Special Correspondent Tom Brokaw delivered a  strong message in  Silicon Valley for those who deny climate change. “It’s real, we see it in our weather systems,” he said and made a somber call to action, saying everyone needs to take a part. Brokaw, who has hosted two documentaries about global warming for the Discovery Channel, says he’s planning an expedition to Antarctica with a team of climate scientists to record the glacial melting next January.

Brokaw cited carbon based fuels and energy consumption as major issues, and stopped short of making specific policy recommendations, but said that the Obama administration missed a valuable opportunity to do something substantial about energy and jobs. “People could have got allied with that,” he added.

He acknowledged his part in contributing to the problem (long commutes in polluting LA traffic to visit his beloved mother), but is now doing what he can to be greener. He recently adopted solar in his Montana Ranch, recouping his capital investment in only three years. In this intimate video, he waxes lyrical about the piping hot water and heating system – even during long Montana winters.
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Brokaw ended on an upbeat note, saying that he thinks the younger generation will change things for the better.

The video was recorded on November 21st, 2011 at the Commonwealth Club  in Silicon Valley, moderated by KGO TV’s Dan Ashley. Brokaw is promoting his new oeuvre The Time of Our Lives, a conversation about America; Who we are, where we’ve been, and where we need to go now, to recapture the American Dream.

Read transcriptssee photos and check out exclusive interviews on Fresh Dialogues with Charlie Rose, Tom Friedman, Paul Krugman, Vinod Khosla and many others

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Khosla’s Andrew Chung: The Post Solyndra Era

Khosla’s Andrew Chung: The Post Solyndra Era

By Alison van Diggelen, host of Fresh Dialogues

One day after Steven Chu defends his department’s handling of the DoE loan guarantee to Solyndra, we look at the impact of Solyndra on the venture capital industry.  In this exclusive interview, Andrew Chung, the newest member of the Khosla Ventures investment team, shares his views on the Post Solyndra era. Will the failure of Solyndra have a significant impact on cleantech investment? How does Chung respond to critics who say that cleantech investment is a disaster?

The downside

“Downstream, there are other investors who are a bit more skittish about investing in following rounds…”

The upside

“In the past twelve months, we have three companies that have gone public and generated over $1.1B in profits for the firm. ..It’s possible to make money in cleantech and drive a lot of change and drive significant returns.”

The future
“It’s still relatively early…we are in the second inning of an extra inning game, in the development of this industry.”

“(At Khosla Ventures) we continue to be incredibly excited about the cleantech opportunity…we just raised a $1.1B fund, half of it is going to be in cleantech.”
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Check back soon for more highlights from our interview with Chung:

On America’s comparative advantage vis a vis China

On what we can learn from China’s cleantech policies

On Chung’s motivations for investing in cleantech

The interview was recorded at the Cleantech Open in Silicon Valley, November 15, 2011. 

Check out another 2014 exclusive interview with Andrew Chung: Why does he  consider himself a kindred spirit of Elon Musk? And why is he still bullish about cleantech changing the world? 
Read more, see transcripts, photos and check out other exclusive interviews with Tom Friedman, Paul Krugman, Vinod Khosla and many other experts at Fresh Dialogues Archives and join the conversation at the Fresh Dialogues Facebook Page
Google’s Green Spending Spree: How it chooses

Google’s Green Spending Spree: How it chooses

By Alison van Diggelen, host of Fresh Dialogues

Google is on a green spending spree. By July 2011 it had invested over $700 M in clean energy. Today the figure is over $850 M and set to grow (approaching $1 B as at August 2012). Fresh Dialogues asked Google: How does it choose green startups and projects?

Google’s Parag Chokshi sheds some light on the company’s decision making.  “We invest in projects other investors might not invest in…we look for innovative technologies or the capacity for transformation in the sector.”

He’s talking about large solar power tower projects, like BrightSource’s Ivanpah project in California’s Mojave Desert to which Google contributed $168 M; and one of the world’s largest wind farms, Alta Wind Energy Center, also in the Mojave Desert where Google invested $55 M.
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In June this year, Google demonstrated its game-changing strategy by  investing in SolarCity. This time it was a $280 M investment, to create a fund enabling the solar company to make residential rooftop installations more affordable (often eliminating the upfront cost for homeowners).

“Google is setting an example that other leading American companies can follow,” said Lyndon Rive, CEO of SolarCity. “The largest 200 corporations in the U.S. have more than $1 trillion in cash on their balance sheets. Investments in solar energy generate returns for corporate investors, offer cost savings for homeowners, create new local jobs…and protect the environment.”

Despite the departure of Google’s Green Czar – Bill Weihl – this week, Parag Chokshi confirms that “we have a strong team and our work will continue. ..we actually have several executives that work on our green initiatives … other executives include Rick Needham, who has led and oversees our $850M in clean energy investments; and Urs Hoelzle, who oversees our entire infrastructure and has spearheaded our energy efficiency work.”

This video was recorded at the Google Headquarters in Mountain View CA on July 8, 2011.

Read transcripts, see photos and check out exclusive interviews with Tom Friedman, Paul Krugman, Vinod Khosla and many others

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Jeff Skoll: Humanitarian Award Winner at Tech Awards, Silicon Valley

Jeff Skoll: Humanitarian Award Winner at Tech Awards, Silicon Valley

By Alison van Diggelen, host of Fresh Dialogues

Last night, Jeff Skoll joined an eminent group of change-makers – Bill Gates, Al Gore, Gordon Moore and Queen Rania Al Abdullah of Jordan. He was honored with The Tech Awards top prize, the James C. Morgan Global Humanitarian Award. This former eBay president, Skoll Foundation founder, and billionaire champion of global peace and prosperity, was recognized for his energetic quest to find the answers to climate change, water scarcity and nuclear proliferation.

In an exclusive Fresh Dialogues interview, Skoll talked about the role of the tech community in making the world more sustainable. “Tech companies have a pretty big world view,” he said. “People here tend to have a better grasp of the bigger issues of the world…technologists can get ahead of these issues and create products that help.”

He’s talking about GPS-enabled mapping technology to protect the Amazon rain forest; creating web-based tools to help protect the ocean; and empowering entrepreneurs with solar energy in the world’s poorest communities.

In 2004, he founded Participant Media, the Hollywood production company responsible for such provocative movies as An Inconvenient Truth, Waiting for Superman, and Fast Food Nation. Participant Media aims to “create entertainment that inspires”…and in several cases has achieved both box office success and created positive social action around the world.

So, will there be a sequel to An Inconvenient Truth? Skoll admits there is definitely something in the works, and it could even be a TV Show. Check out the Fresh Dialogues video for more details…


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As if all this weren’t enough, Skoll recently founded The Skoll Global Threats Fund, led by former Google.org chief, Larry Brilliant. Top threat on their list of five? Climate Change. Let’s hope they have some brilliant success with their mission.

The Tech Awards gala also recognized 15 laureates from around the world for creating innovative technology solutions to benefit humanity. The winner in the Environment category was  Agua Clara  a Cornell University program that designs sustainable (gravity powered) water treatment systems to  provide clean water to over 25,000 people in communities around the world every day. I talked briefly with young AguaClara coordinator, Daniel Smith who plans to use the $50,000 cash prize to scale up the impressive work his organization is doing in Honduras.

Check back soon for part two of the Jeff Skoll interview to hear what one thing we can all do to make the world greener.

Read transcripts, see photos and check out our ARCHIVES featuring exclusive interviews with Tom Friedman, Paul Krugman, Vinod Khosla and many more green experts and visionaries…

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