Over the weekend I wrote a post called The Elephant in the Room where I talked about the tendency of journalists to ignore the issue of climate change when reporting energy stories. As if to prove the point Terry Macalister, the energy editor in this morning’s paper managed to write about Lord Browne’s plans to build a major energy company from scratch (using Russian money) without mentioning the Carbon Bubble. Given the palpable financial risks involved you might argue this is a journalistic failure.