Brad Finstad on Energy & Oil

We should be drilling for oil; all of the above approach

Voted NO on cap-&-trade for greenhouse gas reduction goals

• The legislature finds that a cap and trade program will achieve Minnesota's greenhouse gas emissions reduction goals in a cost-effective manner.
• The right to emit greenhouse gases should be auctioned to emitting facilities rather than allocated at no cost, with proceeds from the auction invested in projects that advance the transition to a low greenhouse gas-emitting economy.
• A greenhouse gas cap and trade program is best pursued in cooperation with other Midwestern states.
• A "climate trust fund" is established [to manage revenue from auctions]

Legislative Outcome: Passed House 91-38 on April 23; State Rep. Brad Finstad voted NO; passed Senate 43-21; signed by Gov. Pawlenty on May 19.

Voted NO on cap-&-trade for greenhouse gas reduction goals

• The legislature finds that a cap and trade program will achieve Minnesota's greenhouse gas emissions reduction goals in a cost-effective manner.
• The right to emit greenhouse gases should be auctioned to emitting facilities rather than allocated at no cost, with proceeds from the auction invested in projects that advance the transition to a low greenhouse gas-emitting economy.
• A greenhouse gas cap and trade program is best pursued in cooperation with other Midwestern states.
• A "climate trust fund" is established [to manage revenue from auctions]

Legislative Outcome: Passed House 91-38 on April 23; State Rep. Brad Finstad voted NO; passed Senate 43-21; signed by Gov. Pawlenty on May 19.