Your Business Connection

The New Mexico Business Coalition will publish items of interest to business owners in this column.

 By Carla J. Sonntag, President and Founder, New Mexico Business Coalition

New Mexico’s vibrant energy sector, which helped lead the state’s economic recovery, is facing a new threat.

Despite being a critical source of jobs and providing millions of dollars of revenue for the state’s schools, the energy industry is being challenged, not only through regulation, but through little-known lawsuits funded by deep-pocketed special interest groups aimed at ending the industry altogether.

One group in particular is seeking to initiate a federal case and proceedings in all 50 states, filing lawsuits in eight of them, including Oregon, Colorado and right here in New Mexico.

Agency: Environmental Protection Agency (EPA)

Document Type: Rulemaking
Title: Repeal of Carbon Pollution Emission Guidelines for Existing Stationary Sources: Electric Utility Generating Units
Document ID: EPA-HQ-OAR-2017-0355-0002

New Mexico Business Coalition (NMBC) supports the Environmental Protection Agency (EPA) proposed repeal of carbon emissions guidelines for electric utility generating units, commonly referred to as the Clean Power Plan (CPP). This regulation is unlawful, unnecessarily costly, and a bad deal for America. It would drive up electricity costs for businesses, consumers and families, impose tens of billions in annual compliance costs, and reduce our nation's global competitiveness—without any significant reduction in global greenhouse gas emissions.