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No, Xcel’s Pledge to be Carbon-Free by 2050 Does Not Make Good Business Sense

Lee Schafer of the Minneapolis Star Tribune wrote an article in the Sunday, December 9th edition of the newspaper stating that Xcel's pledge to generate 100 percent of its electricity from "carbon free" sources by 2050 made good business sense. Unfortunately, Xcel Energy's plan will only make "business sense" for Xcel, companies like Mortenson Construction that are financially invested in the renewable energy industry, Xcel's shareholders, and non-government organizations like Fresh Energy that promote renewable energy sources like wind and solar despite their high cost and low reliability. ...

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