Governor Tim Walz released a new policy proposal this week to achieve 100% clean energy by the year 2040. This plan, created in conjunction with Lieutenant Governor Peggy Flanagan and House and Senate DFL leadership, is a step forward towards the DFL’s goal of lowering greenhouse gas emissions and combating climate change.
The plan consists of four parts, including a hard goal of complete clean energy for the state by 2040, a regulatory policy mandating the prioritization of clean energy, an increase in the Minnesota Energy Efficiency Resource Standard, and goals to reduce carbon emissions from existing buildings across the state.
Leading companies based in Minnesota have announced their own corporate commitment to achieving 100% clean energy – including Xcel Energy and Minnesota Power – and have set the goal of resourcing all electrical power from clean energy by 2050.
This new state plan was announced this week as the United States rejoined the 2015 Paris Accord Agreement, an executive order which President Joe Biden signed on his first day in office.