Proposed New Mexico utility merger spurs numerous concerns sfgate.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfgate.com Daily Mail and Mail on Sunday newspapers.
LAS CRUCES - The Las Cruces City Council passed two resolutions during its Monday meeting to advance its goal of increasing renewable energy use citywide and reducing greenhouse gas emissions.
City councilors voted unanimously to approve a resolution which calls on the city government and its departments to switch entirely to electric vehicles. The city will aim for 50 percent electric vehicle use by the municipality by 2030.
The resolution also calls on other city departments to develop cleaner transportation infrastructure such as bike sharing and electric buses.
The city says transportation contributes 53 percent of all the greenhouse gas emissions in Las Cruces. City vehicles make up 2 percent alone, and city purchases of asphalt and cement almost contribute the same amount of emissions as city-owned vehicles.
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The local economies of many communities in the southwest are tied to the operations of large coal-fired power plants. As those plants start closing, the communities can face significant disruption in their local economies through loss of jobs, tax revenues and other impacts. How to address those impacts involves both federal and states issues, multiple states, many different governmental entities and a variety of non-governmental stakeholders.
Some activity to address the transition away from coal generation has already taken place, such as New Mexico’s Energy Transition Act, which was adopted in 2019. (Governor Grisham’s press release regarding the legislation can be found here).
PNM Resources moves forward with plans to exit coal-fired New Mexico plant dailyenergyinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyenergyinsider.com Daily Mail and Mail on Sunday newspapers.
PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant
- New plans among plant owners moves Four Corners Power Plant to seasonal operations beginning in the fall of 2023, reducing annual carbon emissions by 20% - 25%
- Continued plan for PNM to exit plant and transfer 13% ownership at the end of 2024 results in significant customer savings
- Environmental benefits provide additional support for abandonment and securitization filing
- Customer savings, community support and environmental benefits demonstrate comprehensive approach to Environmental, Social, Governance (ESG) Strategy
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ALBUQUERQUE, N.M., March 12, 2021 /PRNewswire/ PNM, the wholly-owned New Mexico utility subsidiary of PNM Resources (NYSE: PNM), has enhanced its plan to exit the coal-fired Four Corners Power Plant with additional plans for seasonal operations at the plant beginning in the fall of 2023.