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New Mexico's largest utility, PNM, is leaving the U.S. Chamber of Commerce because of a disagreement over the chamber's approach to climate change legislation.
The Chamber has called for a modern-day "Scopes Monkey Trial" over the science of climate change, while PNM and its chief executive Jeff Sterba have been a leader nationally in pushing for regulation of greenhouse gases.
PNM spokesman Don Brown just sent out the following statement:
Our chairman and CEO, Jeff Sterba, let his term on the U.S. Chamber of
Commerce board expire when it ended in January, due largely to time
constraints with his schedule. While a member, he had not been active
on the board for at least the previous year.
At PNM Resources, we see climate change as the most pressing
environmental and economic issue of our time. Given that view, and a
natural limit on both company time and resources, we have decided that
we can be most productive by working with organizations that share our
view on the need for thoughtful, reasonable climate change legislation
and want to push that agenda forward in Congress. These organizations
include the Edison Electric Institute, the association of
shareholder-owned electric companies, and the U.S. Climate Action
Partnership, a group of businesses and environmental organizations of
which we are a founding member.
As a result, we have decided to let our membership in the U.S. Chamber
lapse when it expires at the end of this year.
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