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High Electricity Prices Cripple Australian Manufacturers, Is Minnesota Next?

Companies throughout Australia are reconsidering whether they will indeed bring manufacturing jobs back from China after experiencing enormous increases in electricity prices as a result of the closure of an enormous coal-fired power plant and government regulations that mandate the use of "green power." For example, according to the Financial Review: Hardware manufacturer Alchin Long Group in Sydney's west has had to agree to a near-doubling of its electricity price, said Graham Lee, national operations manager. The price of the new two-year contract from Origin Energy has surged from $55.30 per megawatt-hour to $109.70 . Aluminium scrap processor Weston Aluminium, which uses about...

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High Industrial Electricity Prices Harm Manufacturing Sector

We often hear from so-called progressives that we must fight income inequality and move toward renewable energy, but the problem is these two goals are incompatible with each other. This is because intermittent sources of renewable energy like wind and solar make electricity more expensive, and expensive electricity hurts the blue-collar industries like manufacturing and mining, which use an enormous amount of electricity. Just look at California, which has enacted a 100 percent carbon-free energy mandate that will continue to send electricity prices soaring. In fact, industrial electricity prices in California are nearly twice as high as in the rest of the...

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“See You Next Summer!” Said the Tourism Jobs

Tourism jobs are important, but it also important to understand and acknowledge the economic limitations of these jobs. They generally have lower wages and are more seasonal. Mining Minnesota's copper, nickel, platinum, and titanium resources would create 1,900 high-paying mining jobs and support more than 3,000 jobs in the supply chain....

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