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The New Mexico Department of the Environment’s budget proposal invests in a clean energy economy

SANTA FE The New Mexico Department of the Environment (NMED) calls for a $ 7.1 million budget increase for fiscal 2023 to fuel clean energy investments across the state while aggressively mitigating the effects of climate change.

“Investing in climate solutions means investing in clean energy jobs,” said Cabinet Secretary James Kenney. “We demand additional resources to promote environmental protection and our economy.”

NMED’s budget includes funds to implement a clean fuel standard that will decarbonise the fuels used in the transportation sector. Adopting a clean fuel standard will generate an estimated $ 47 million in economic investment in New Mexico annually while reducing 6.8 million tons of carbon dioxide emissions.

“Leveraging its existing industries and infrastructure, New Mexico has the opportunity to demonstrate how companies and industries can develop innovative, low-carbon solutions that create business opportunities for all,” said Rebecca Boudreaux, Ph.D., President and CEO of Oberon Fuels.

The budget also includes funds to establish New Mexico as a world-class clean hydrogen hub, focused on the production, consumption and export of clean hydrogen. New Mexico will get its share of the $ 8 billion.

“Hydrogen is the clean fuel source for a decarbonised future and BayoTech is ready to deliver it worldwide. By investing in hydrogen here in New Mexico, we can make this state and the United States the center of the global hydrogen economy. BayoTech invested in New Mexico by developing our technology here and working with San Juan College to build a local hydrogen workforce, “said Andrew Leedom, General Counsel and Head of Policy at BayoTech. “Establishing New Mexico as a hydrogen hub will benefit both the economy and our climate.”

“New Mexico is ripe for investment in clean hydrogen technology and infrastructure,” said Dwayne Phillips, vice president – Hydrogen, Tallgrass Energy. “We look forward to working with the Governor, Secretary Kenney, and other stakeholders to create clean energy jobs in rural New Mexico.”

NMED is also looking for resources for:

  • Implemented its food safety program related to the manufacture and sale of cannabis-infused food products known as edibles.
  • Invest in climate-resilient drinking water and wastewater infrastructure.
  • Provide free water tests for local public drinking water systems to keep our drinking water safe for the communities.
  • Improve oversight of 450 waste disposal facilities across the state so that they do not harm public health by emitting or spilling pollutants.
  • Hold polluters like the US Department of Defense responsible for the extensive contamination of our water and our land with per- and polyfluoroalkyl substances (PFAS).

NMED’s budget is a combination of state general funds, federal funds, and revenue raised for various permits and licenses. If the New Mexico legislature passes July 1, 2022, the general fund portion of the NMED budget will increase from $ 16 million to $ 23.1 million – an increase of $ 7.1 million. The remainder of the NMED budget is $ 87 million (federal funding and permit / license income).

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