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Fudging The Numbers: Why Wind and Solar Cost Estimates from Bloomberg New Energy Finance are Almost Certainly Wrong

In March of 2019, Bloomberg New Energy Finance (BNEF) released a public “fact sheet” alleging the cost of electricity generated by wind and solar in Minnesota had reached new record lows, but there is a problem; BNEF refuses to share the assumptions and methodology used to calculate their cost estimates with the public. This begs the question, what are they hiding? Probably a lot. BNEF estimated the unsubsidized levelized cost of energy (LCOE) for wind and solar to be $38 and $60 per megawatt hour, respectively. In contrast, a study by Center of the American Experiment found the cost of new, unsubsidized...

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Why Are Amy Klobuchar and Tina Smith Sponsoring Minnesota Anti-Mining Legislation?

Mainstream news outlets in Minnesota rarely tell the tale of how the Obama Administration incorrectly broke decades of protocol by cancelling mineral leases of Twin Metals Minnesota and sought a 20 year moratorium on mineral exploration in the Superior National Forest during his lame duck session. The inappropriate actions of the Obama Administration were reversed  by President Trump, but unfortunately, Minnesota Senators Amy Klobuchar and Tina Smith are supporting an action that would force the National Forest Service to prevent any action that would advance mining in this area, according to documents obtained by Mining Minnesota, pictured below. While Senator Smith's position...

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Minnesota ranks 45th on the Tax Foundation’s State Business Tax Climate Index

Data show that Minnesota lags national averages on capital per worker, venture capital per worker, new and young businesses as a share of all businesses, and research and development spending as a share of GDP. Might that all have something to do with our states unfriendly business tax climate?...

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City Journal: Battery Derangement

Governor Walz wants to impose California's low and zero emission vehicle (LEV and ZEV) regulations on Minnesotans through the bureaucratic rule making process. These rules would require car manufacturers to meet quotas for electric vehicle sales in order to sell gasoline and diesel powered cars in the state, essentially holding Minnesota's car market hostage until they sell enough money-losing cars. Luckily, the Trump Administration is seeking to revoke of California's ability to set their own emission standards for vehicles, which will make the Governor's attempt to impose west-coast mandates on Midwestern families moot. Electric vehicles are often touted as the future of...

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Groups Dispute Cost of Renewable Energies

Last week I gave a talk in St. Cloud Minnesota about the findings of our report, Doubling Down on Failure, as part of our Morning in Minnesota Breakfast series to about 50 people who were eager to learn more about why their electricity bills keep rising. I was pleasantly surprised that the St. Cloud Times sent a reporter to listen to my talk, and they published the following article about my presentation: ST. CLOUD — What does it cost to switch to renewable energy sources, like wind and solar power? Isaac Orr, a policy fellow with the Center of the American Experment, looked into the...

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Cows in the Crosshairs: Environmental Groups Take Aim at Minnesota Farmers

After "farting cows" were identified as a climate risk to the planet in a document released by the office of Rep. Alexandria Ocasio Cortez addressing frequently asked questions about the Green New Deal, many people in Minnesota were quick to dismiss the idea that the state would begin to regulate farms based on their greenhouse gas emissions. However, it turns out that that is exactly what some Minnesota environmental groups want the Minnesota Pollution Control Agency (MPCA) to do. The Minnesota Center for Environmental Advocacy (MCEA), a known anti-mining group and recipient of $530,000 from the McKnight Foundation in 2018, sued...

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