Renewable But Not Reassuring

Capitol Report New Mexco - We’d all like to have a cleaner environment. We’d all like to have an energy system that’s reliable and pollutes less. And it may have been in that spirit that New Mexico politicians in 2007 updated the “Renewable Portfolio Standard” law requiring that regulated electric utilities must derive 15 percent of their electricity needs from renewable sources by 2015 and upping the requirement to 20 percent 2020. But lawmakers are worried if those standards can realistically be met (one commissioner at the Public Regulation Commission told me recently “there’s no way” the 20 percent mandate can be achieved within nine years) and at what cost. This past week, a study prepared by the Beacon Hill Institute as a joint project of the Rio Grande Foundation and the American Tradition Insitute estimated that due to the Renewable Portfolio Standard: Read full story here: News New Mexico

Renewable But Not Reassuring