New Mexico senate approves bill to boost renewables, phase out coal

Source: By Associated Press • Posted: Monday, March 11, 2019

New Mexico is known for its wide-open spaces, wind-swept plains and nearly endless supply of sunshine, and yet the promise of an economy built on renewable energy has been elusive for politicians here.

That could change under a measure that won bipartisan approval in the state Senate last week. The House is under pressure to take up the bill before the Legislature wraps up in about a week.

The landmark legislation would set aggressive new quotas for renewable energy production, going so far as to require publicly regulated utilities to produce all of their electricity from carbon-free sources by 2045.

While the state’s largest electric provider plans to divest itself from coal-fired generation in a few years, New Mexico would need to see a fivefold increase in renewable energy to reach the goal.