Copyright © 2019 Albuquerque Journal
SANTA FE – Democratic members of a U.S. House committee – including two members of New Mexico’s delegation – expressed concern Monday that lax oil and natural gas regulations are putting state residents at risk and depriving the state of revenue it should be getting.
While taxes and royalties from fossil fuel production have long helped prop up New Mexico’s budget, Gov. Michelle Lujan Grisham recently ordered Cabinet secretaries to come up with a plan to reduce methane emissions. She also signed legislation aimed at moving the state away from its oil and gas reliance – and toward solar, wind and other types of renewable energy.