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Stock impact report

Will utility companies in Minnesota be able to provide 100% carbon-free energy by 2040? [CBS News]

Xcel Energy Inc. (XEL) 
Last xcel energy inc. earnings: 1/30 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.xcelenergy.com
Company Research Source: CBS News
A few years ago, Minnesota set a lofty goal when it comes to protecting the environment. Gov. Tim Walz signed a law requiring utility companies to provide 100% carbon-free electricity by 2040. "It's good for environment, it's good for jobs, and it's good for the economy, so that's a triple win," said Gregg Mast, executive director of Clean Energy Economy Minnesota, a nonprofit more than on board with the state's landmark law passed in 2023. Mast says Minnesota is on pace to be 100% clean energy by 2040. His organization heavily researches efforts to create carbon-free energy while advocating and partnering with stakeholders at the forefront of the mission. "Our Minnesota Energy Fact Sheet that we recently released shows that the majority of our electricity here in Minnesota is already coming from carbon-free resources," he said. According to Clean Energy Economy Minnesota, 33% of Minnesota's power comes from renewable energy. That could be solar, wind or hydro electricity f Show less Read more
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