Fox News Bites NewsCorp’s Nose to Spite Solar Power
According a report in Think Progress, Fox news recently slammed SunPower as a “failing” company, but Dow Jones picked that very company to build a huge solar installation at its New Jersey headquarters, which it touted as a one of the “smart solutions for the future of our business.” So, did Fox News just call Dow Jones stupid?
Intra-corporate squabbling is probably the last thing embattled NewsCorp chairman and CEO Rupert Murdoch needs right now, what with the phone hacking scandal and all, and this could be just the start of another big headache. Dow Jones is the publisher of The Wall Street Journal, the business community’s paper of record and a comfortable home for conservative-leaning commentary. When a mainstream corporate citizen like Dow Jones says solar is a smart investment, and another media company under the same umbrella insists on the opposite, something’s got to give.
Since the Solyndra investigation failed to reveal any systemic problem, Fox moved along to find the next poster child and landed on SunPower. That bumps Fox right up against the U.S. auto industry. Namely, Ford Motor Company and SunPower announced a major initiative just a couple of months ago, to pair SunPower’s home solar installations with purchases of Ford’s new Focus electric vehicle, which will have its manufacturing home right here in the U.S.