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Minnesota to consider updating state’s cost of carbon calculation

July 21, 2017

The Minnesota Star Tribune reports regulators will hold a hearing on Friday, and could issue a decision next Thursday, on whether to update the social cost of carbon used to determine how the state will generate electricity.

Minnesota set a carbon cost in the 1990s, but it has not been updated in years, and currently sets the cost of a ton of carbon dioxide emissions at less than $5.

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