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Minnesota’s Goal for 80% Carbon Reductions by 2050 will be Expensive – and Xcel Agrees

Current policies in Minnesota require the state to reduce carbon emissions by 80 percent from 2005 levels by 2050. This will not only require the addition of renewable energy sources into energy markets but will also involve prematurely retiring coal plants that provide low-cost electricity, building significant transmission lines, investing in battery storage technology, and constructing more natural gas plants to “back-up” wind and solar energy sources when they cannot produce electricity. In other words, achieving 80 percent reductions by 2050 will completely change the state’s energy market – and it will be costly. But don’t just take my word for it. Xcel...

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Public Pools to Robotic Mowers: The Minnesota Bonding Bill

Minnesota's current bonding bill allocates $825 million, derived from the issuance of state bonds. Eventually, these bonds must be payed back with interest, making this funding scheme expensive for the taxpayer in the long run. However even knowing this, St. Paul approved some strange spending. ...

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What trade means for Minnesotans

Recently, I had the pleasure of addressing a meeting in Mankato hosted by the Heritage Foundation on the subject of trade and its role in Minnesota's economy. I argued that, if our aim is to build an economy tilted towards investment, increased productivity, and higher high wages, we would be better off pursuing a policy of open trade....

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