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Climate and Energy Finance and Policy


2021-2022 Regular Session - Tuesday, March 8, 2022



Representative Jamie Long, Chair of the Committee on Climate and Energy Finance and Policy, called the virtual meeting to order at 10:30 AM on March 8th, 2022 pursuant to House rule 10.01. The meeting was broadcast via Zoom and House Public Information Services.

The Committee Legislative Assistant noted the roll.

Members present:
Long, Jamie, Chair
Acomb, Patty, Vice Chair
Swedzinski, Chris, Republican Lead
Bierman, Robert
Boe, Greg
Christensen, Shelly
Franson, Mary
Gruenhagen, Glenn
Hollins, Athena
Hornstein, Frank
Igo, Spencer
Lee, Fue
Lippert, Todd
Lislegard, Dave
Mekeland, Shane
Munson, Jeremy
Stephenson, Zack

A quorum was present.

Presenting on Climate Change’s impacts on the insurance industry:
• Peter Brickwedde, Assistant Commissioner, Minnesota Department of Commerce
• Jennifer Gardner, National Association of Insurance Commissioners
• Diane Gates, Chief Administrative Officer, Allianz Life Insurance Company of North America
• Eric Gesick, Visiting Scholar, Institute on the Environment at the University of Minnesota

Presenting on the Net-Zero Transition:
• Dr. Mekala Krishnan, Partner, McKinsey’s Global Institute

Presenting on the Social Cost of Carbon:
• Dr. Peter Howard, Economics Director, Institute for Policy Integrity at NYU School of Law
• Justin Gundlach, Senior Attorney, Institute for Policy Integrity at NYU School of Law

The meeting was adjourned at 11:59 AM.

Representative Jamie Long, Chair

Mike Hermanson, Committee Legislative Assistant

More Info On This Meeting..
House TV Video:
View Archive

01:37 - Climate change and the insurance industry.
52:54 - The net-zero transition: What it would cost, what it could bring.
1:05:15 - Calculating the Social Cost of Carbon and state level policy.
Runs 1 hour, 29 minutes.

Presentations on the Cost of Climate Inaction
*Bills may be added to the agenda.

This remote hearing is taking place pursuant to Rule 10.01.

If you wish to submit written testimony or testify via Zoom, please send the written testimony or the request to testify to by noon the day before the meeting.

Meeting documents will be posted on the committee website at

This remote hearing may be viewed via the House webcast schedule page:

All events are closed-captioned.

To provide feedback on digital accessibility of meeting information, please submit comments through the Minnesota Legislature Accessibility & Usability Comment Form. If you require an accommodation, please contact John Howe at: or by leaving a message at 651-296-3208. Please do not contact him with questions about the substance of the meeting agenda. To learn more about requesting an accommodation, please visit the FAQs for Disability Access.