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Doubling Down on Failure Installment Four: Renewable Energy Fails Cost/Benefit Analysis Using Minnesota Public Utilities Commission Social Cost of Carbon

This article is the fourth installment explaining the findings of our new study entitled Doubling Down on Failure, How a 50 percent by 2030 Renewable Energy Standard Would Cost Minnesota $80.2 Billion. This installment explains how the cost of reducing carbon dioxide emissions under the Renewable, Short-Term Nuclear, and Long-Term Nuclear would exceed the Social Cost of Carbon (SCC) established by the Minnesota Public Utilities Commission (PUC). The Affordable Clean Energy (ACE) scenario, is the only scenario that passes this cost-benefit analysis. This post is pretty in the weeds, so the main takeaway is that the costs of reducing our carbon dioxide emissions...

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Xcel Tries To Trick Customers Into Thinking They’re Being Treated

I'd say Happy Halloween, but the increasing cost of electricity is downright frightening. Minnesota's electricity prices have been skyrocketing, largely because our state has squandered $15 billion on wind turbines and the additional transmission lines needed to transport the electricity generated by far-away wind turbines to the metro area. While one could argue utility companies are simply responding to the mandates imposed upon them by legislators and regulators, I would vehemently disagree because  Xcel actively lobbies to skew the regulatory apparatus in their favor. In fact, in 2016 Xcel spent more money lobbying than every organization other than the Minnesota Chamber of...

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Will Global Warming Destroy Us All? Probably Not

We often hear that global warming will eventually be the end to all of us. The message is pervasive, and it has been trumpeted again by a newly-released report from the Intergovernmental Panel on Climate Change, the IPCC. While renewable energy advocates, anti-pipeline activists, and others attempt to use global warming as a "trump card," when lobbying for government policies and mandates for their preferred sources of energy, its important to look at whether these claims are supported by the scientific evidence, especially as President Trump has removed the United States from the Paris Climate Accord (not a treaty), and rescinded...

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