Wednesday, March 17, 2010
N.M. Seeks Emissions Cap and Trade Program
Associated Press
SANTA FE — The New Mexico Environment Department says it plans to petition a state regulatory board for a cap and trade program aimed at reducing greenhouse gas emissions.
The department is seeking public comments on a draft document that outlines options for a cap and trade program. The proposal will then be put before the state Environmental Improvement Board later this year.
Environment Secretary Ron Curry said it's important that the board adopt a cap and trade program that will best suit the needs of New Mexico.
The board also has been petitioned by an environmental group that is seeking a cap on greenhouse gas emissions in New Mexico. That effort has resulted in a lawsuit from opponents who contend the board does not have the authority to establish such a cap.
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