Latest Posts

Home

Facebook

Twitter

Search
About

Minneapolis 100 Percent Renewable Target: More Expensive Virtue Signalling

Minneapolis seems determined to rush toward 100 percent renewable energy by 2023, but perhaps it’s time for the City to pump the brakes on environmental virtue signalling and consider whether it has bigger problems that should be addressed first.

I’ve noted before that Minneapolis’ renewable energy target is essentially virtue signalling with a $720,000 price tag, but the graph below confirms it. As you can see, the vast majority of “renewable energy” powering the City would be obtained by purchasing 59,200 renewable energy credits. These credits are just a piece of paper sold to represent one megawatt hour of electricity sold.

Purchasing 59,200 REC’s will cost the City an additional $473,600.00, all to purchase a theoretical credit from some distant renewable energy generator that will have zero measurable environmental benefit to Minneapolis residents. (The cost between my earlier estimate of $720,000 vs 473,600 is because I assumed the City would only purchase REC’s to meet the standard).

Furthermore, according to an article in the Energy News Network, Brian Millberg, the city’s energy manager, created the 100 percent renewable plan. Xcel’s green tariff Renewable*Connect program costs an extra 10 percent. The City claims savings from community solar garden subscriptions covers the premium, but color me very skeptical of these rosy projections.

Minneapolis squanders hundreds of thousands of dollars on environmental virtue signalling and then wonders why they have problems with rising housing costs (the extra costs get passed along to property owners, who increase their rents) and problems with graffiti, burglaries, and violent crime.

Minneapolis needs to get its priorities in order, and spending $473,600 on renewable energy credits should be at the bottom of the list.

Comments

Subscribe

Categories

Upcoming Events

  • 2019 Annual Dinner Featuring Candace Owens

    Location: Hilton Minneapolis 1001 South Marquette Avenue Minneapolis, MN 55403

    From Brexit to Blexit… Britain’s exit from the European Union has not been smooth sailing. Since the leave date has been pushed back to October, Nigel Farage is now running for a seat in the European Parliament. That election date is May 23 which has forced him to cancel all American speaking engagements, including our Annual Dinner. Center of the American Experiment is pleased to announce that Candace Owens, the founder of the Blexit movement and host of The Candace Owens Show, will now be presenting the keynote address at our 2019 Annual Dinner on May 18. We are excited…

    Register Now
  • The Diversity Delusion

    Location: Hilton Minneapolis 1001 South Marquette Avenue Minneapolis, MN 55403

    Please join Center of the American Experiment on Wednesday, April 24th at the Hilton Hotel for a lunch forum with Heather Mac Donald as she discusses her new book, The Diversity Delusion: How Race and Gender Pandering Corrupt the University and Undermine Our Culture.  Heather Mac Donald is the Thomas W. Smith Fellow at the Manhattan Institute, a contributing editor of City Journal, and a New York Times bestselling author. She is a recipient of the 2005 Bradley Prize. Mac Donald’s work at City Journal has covered a range of topics, including higher education, immigration, policing, homelessness and homeless advocacy, criminal-justice reform, and race…

    Register Now