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Our Perspective: Minnesota’s Days of Cheaper Electricity Seem Numbered

This weekend, Mike Hughlett of the Star Tribune wrote an excellent article entitled "Minnesota's Days of Cheaper Electricity Seem Numbered," which details how Minnesota electricity prices have increased substantially in the last 15 years. The piece is an important acknowledgement that the energy policies pursued in Minnesota are causing electricity costs to rise, an argument Center of the American Experiment has been making since late 2017. I have included portions of the article below and added additional  commentary to provide more context to help readers understand the topic in a more comprehensive manner. The article begins below: "Hefty rate hikes that Minnesota’s...

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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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