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Keyword: carbondebts

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  • NM to weigh proposal for low-carbon fuel in 2022

    06/20/2021 6:44:58 PM PDT · by CedarDave · 14 replies
    The Albuquerque Journal ^ | June 14, 2021 | Dan McKay
    SANTA FE – New Mexico lawmakers can expect a clean fuel standard on their 2022 agenda – a priority Gov. Michelle Lujan Grisham’s administration pitched Monday as a matter of economic development. The proposal would require a 10% reduction in the carbon intensity of fuel used for transportation by 2030 and 28% by 2040. But companies that make, produce or refine fuels would also have the option of buying credits from producers of hydrogen or other low-carbon fuels or from businesses that reduce their emissions – creating a market, supporters say, that would spur investment in clean energy. Economic Development...