Lawmakers decry EIB rules

November 4, 2010 • Local News

Local lawmakers say they are frustrated with a state regulatory board’s decision to pass new emission rules that they say will seriously harm New Mexico’s economy.

The state’s Environmental Improvement Board approved a proposal for establishing a greenhouse gas emissions program in a 4-3 vote.

The rules target sources that emit at least 25,000 metric tons of carbon dioxide, mainly coal and gas fired power plants, as well as oil and gas operations, according to environmental groups.

The announcement of the EIB’s decision was made late Tuesday afternoon, as polls were preparing to close following this year’s general election.

Roswell lawmakers say they oppose the regulations that environmental groups say could actually spur new business development in the state and claim … “There’s been a lot of overblown rhetoric about the financial impact,” said John Fogarty, president of New Energy Economy, an environmental group in support of the regulations.

Despite assurances that the cap-and-trade program would benefit the state, local lawmakers say they will fight to overturn the rules, adding that past attempts of limiting greenhouse gas emissions through legislation have repeatedly been tossed by the Legislature.

“It’s a disaster,” said House Minority Whip Keith Gardner, R-Roswell, who says the EIB Login to read more

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