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In Defense of CEO Pay and Rich People

British journalist and politician Daniel Hannan recently wrote a smart defense of high CEO pay in the Washington Examiner.  His are arguments rarely heard among the leftist shouts to “abolish billionaires.” And a couple of years ago I wrote a pretty good piece challenging Oxfam’s sensational report that claimed “obscene wealth” and inequality are “trapping hundreds of millions in poverty.”  Here is a timely fusion of the two pieces as America seemingly plunges further toward socialism every day. Why is high CEO pay justifiable? “Top CEOs in America now earn, on average, over 300 times average pay. In 1965 it was 20 times....

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In The Tank (ep177) – Green New Deal Insanity, Panera Cares Fail, Stadium Subsidies

Hello! This week's episode of In the Tank deals with the green new deal insanity, the abject failure of Panera Cares, and stadium subsidies (hint, it's not great for MN). https://soundcloud.com/user-694711047/in-the-tank-ep177-green-new-deal-insanity-panera-cares-fail-stadium-subsidies...

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American Experiment Testifies on Bill to Increase Renewable Energy Mandate

On Tuesday, I was in St. Paul to testify on House File 700, which would increase Minnesota's renewable energy mandate to 55 percent renewable by 2030, and 80 percent renewable by 2035. I was one of three testifiers who told the committee that this bill is a bad idea. You can watch my brief, two minute testimony below. American Experiment will soon release a report on the economic and environmental impacts of doubling Minnesota's current renewable energy mandate to 50 percent renewable energy by 2030. I share some of the top-line findings of the study with the committee, and although it...

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Nationally Renowned Climate Scientist Judith Curry Cites Our Analysis of the Polar Vortex in Testimony to U.S. House of Representatives

On Wednesday, nationally renowned climate scientist Dr. Judith Curry cited American Experiment's analysis exposing the lack of wind during last week's polar vortex and our writings stressing the importance of reliable energy sources in the wake of bitter cold in her testimony in front of the U.S. House of Representatives in front of the House Committee Natural Resources. This is an incredibly big deal. I'm elated Dr. Curry cited our work. It is incredibly gratifying to see that we are having a powerful influence on energy policy not only in Minnesota, but also on a national level. I have included her somewhat...

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Last Week’s Cold, This Week’s Trespassers, Shows We Need a Pipeline Protection Bill

Last week saw temperatures in Minnesota plummet to 24 below zero in the Twin Cities, and International Falls registered a temperature of minus 36 degrees. It was so cold outside that Xcel Energy had to urge its 460,000 natural as customers to turn their thermostats down to 63 degrees or face widespread shortages of natural gas, putting hundreds of thousands of people on edge, worrying about whether they could stay warm. Part of the problem  was a strain Xcel's natural gas distribution system, and this will likely need to be remedied with more pipeline infrastructure, if Xcel can get it built. This...

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Gas Tax Issue Illustrates Rural, Urban Divide

The Star Tribune recently ran an opinion piece by James Lenfestey, who advocated for an increase in the gas tax to finance infrastructure improvements and to reduce carbon dioxide emissions, but cautioned lawmakers to keep rural Minnesotans in mind when crafting this policy. While it is admirable that the author wants to be sensitive to the needs of rural Minnesotans, the editorial further illustrates how people living in the metro area have scant idea how the policies they advocate harm those living outside of it....

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