Farmington will appeal cap and trade ruling

NewsNM thinks this is just the first of several lawsuits that will be filed to deal with the "Cap and Tax" regulation recently imposed upon the state in the last days of the Bill Richardson administration.

From KOB-TV.com - The city of Farmington came to a decision Tuesday morning on moving forward with filing an appeal against the State of New Mexico’s cap and trade program. City councilors voted unanimously to move forward with the appeal. The program would require certain businesses to annually cut greenhouse gases by 2 percent. The mayor of Farmington, Tommy Roberts, says he only wants what is best for the county. “We are heavily dependant in San Juan County on extractive industries and these regulations are likely to have a significant impact on those industries,” he said. Read more

Farmington will appeal cap and trade ruling