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New Report: Minnesota’s Economy Continues to Lag in Key Areas

[caption id="attachment_12743" align="alignleft" width="167"] American Experiment economist John Phelan[/caption] The State of Minnesota’s Economy: 2018 report analyzes the key metrics that have driven Minnesota’s economy over time since 2000, identifying strengths, weaknesses and recommendations for the consideration of policymakers and the public. On the positive side, Minnesotans’ median household income of $70,218 ranks 15th among states, nearly 19 percent over the national average. But a closer look at the data reveals Minnesota achieves that level of household income because a greater percentage of residents are in the workforce (68.8%) than in all but one other state. In fact, Minnesotans have fallen behind the...

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American Frackers Are Dismembering OPEC

OPEC used to to be the most influential cartel in the world. Even if the general public didn't know that OPEC stood for the Organization of Petroleum Exporting Countries, they were keenly aware of the power this  group held to raise, or lower, oil prices, and what impact gas prices had on their families. But many people don't realize the power of OPEC is withering under the onslaught of American oil produced on American soil. America's surging oil production is so disruptive to the cartel that the Middle Eastern nation of Qatar has announced it will leave the organization in January. This...

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Revenge of the Diesel Class: Yellow Vest Protests Continue to Rage in France Over Climate Taxes

Thousands of Yellow Vest protesters in France continue to protest over the climate taxes imposed by French President Emmanuel Macron that will initially lead to a 30 cent increase in diesel prices, with the tax increasing over time. The New York Times described the protests as "shaking French politics to the core." The Yellow Vests are not young college students or far-right activists, they are the working class inhabitants of rural France that have been forgotten by the leaders in urban areas. NPR reports: "Among its ranks are retirees and the unemployed, farmers, housewives and people who have never protested before," NPR's Eleanor...

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Japan is Restarting Their Nuclear Power Plants: When Will Minnesota Legalize New Nuclear Power Plants?

Japan has taken aggressive steps to restart their nuclear power program by restarting five nuclear reactors in 2018. According to the Energy Information Administration, these nuclear reactors have a capacity of capacity of around six gigawatts (GW). For reference, this is more than Minnesota's coal and nuclear capabilities, combined.  In total, more than 9 GW of nuclear capacity have come online since 2015 in Japan. If Minnesota had installed this same nuclear capacity, we would have been able to generate 100 percent of our electricity use with nearly zero carbon dioxide emissions. Instead, CO2 emissions from electricity generation in Minnesota have only fallen 25...

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In Case You Ever Question Our Renewable Energy Arguments – Here’s Xcel Agreeing with Us 

In its most recent annual securities and exchanges report to investors, Xcel admitted exactly what American Experiment has been saying for years – that renewable energy sources increase electricity rates, create energy grids with excess and idle capacity, and lead to a more unreliable energy system.  ...

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Canadians Revolt Against Trudeau’s Carbon Taxes

In Canada, pressure against Prime Minister Justin Trudeau's carbon tax is mounting, as Manitoba did a sudden about-face on its intention to impose a $25-per-tonne carbon price this fall. The Canadian federal government in Ottawa passed legislation last spring to give it authority to impose a carbon price on any province that did not implement its own tax beginning Jan. 1, 2019. It is starting at a minimum of $20 per tonne, rising $10 per year until 2022. Although, Trudeau says Canadians gave his government a mandate to implement a national carbon price in the last election, the blowback in provincial governments is...

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Massive Protests Erupt Across France as Government Ratchets Up Fuel Taxes

Thousands of French police fired tear gas and used water cannons against demonstrators who have been protesting French President Emmanuel Macron's new taxes on diesel fuel, the most popular fuel in France, and gasoline, since the weekend of November 17th. More than 280,000 protesters took to the streets to protest the deeply unpopular tax on its initial weekend. The tax has been a flashpoint because French motorists already pay the equivalent of nearly $7.06 per gallon of fuel, but under the new gas tax championed by the deeply unpopular French President, fuel prices would initially raise diesel prices by 30 cents per gallon, with...

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French Tax on Gas and Diesel Triggers Enormous Protests

Diesel prices in France have skyrocketed more than 23 percent over the last 12 months and French motorists already spend more than $7.00 per gallon, USD. Despite these enormous costs, French President Emmanuel Macron has stated the rising gas taxes are needed to reduce France’s dependence on fossil fuels and fund renewable energy investment.  The new taxes would raise the cost of diesel fuel by nearly 30 cents per gallon, and will continue to climb in the coming years....

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Another One Bites the Dust: Wisconsin Wind Farm Decommissioned After Just 20 Years

An industrial wind facility in Kewaunee County, Wisconsin has been decommissioned after just 20 years of service because the turbines are no longer cost effective to maintain and operate. The decommissioning of the 14 turbines took many people by surprise, even local government officials and the farmer who had five of the turbines on his property. Why Are We So Surprised? What's really surprising about these wind turbines being decommissioned after 20 years is the is the fact that people were surprised by it. You'd be astonished at how many people I talk to that have no idea that wind turbines only last for 20...

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Anti-Pipeline Protesters Ruin Theater of Public Policy Performance for Everyone

Angry anti-pipeline protesters crashed the party at The Theater of Public Policy Monday evening, as eco-activists who oppose building new pipelines to safely and efficiently transport oil decided the show must not go on. The Star Tribune reports: "Tane Danger has been hosting the Theater of Public Policy for 350 shows in seven years, melding topical discussions with improvisational comedy. For the first time Monday evening, he canceled mid-show after anti-pipeline protesters in the crowd continuously shouted down his guests, two utility regulators. Acrimony from a PUC meeting earlier Monday — in which the panel reaffirmed its support for a new $2.6 billion...

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