Resource Documents by Phelan, John
Orr, Isaac; Rolling, Mitch; and Phelan, John
High Cost of 100 Percent Carbon-Free Electricity by 2040
Governor Walz’s proposal would cost Minnesota $313 billion through 2050 and lead to blackouts. Executive Summary Minnesota Governor Tim Walz’s proposal for a 100 percent carbon-free electric grid by 2040 will cost Minnesota families and businesses an additional $313.2 billion (in constant 2022 dollars) through 2050, compared to operating the current electric grid. Minnesota electricity customers will see their electricity expenses increase by an average of nearly $3,888 per year, every year, through 2050. According to the economic modeling software . . . Complete article »
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