Industry Letter on New Mexico SB4
February 5, 2025
President Pro Tempore Mimi Stewart
New Mexico State Senate
Dear President Pro Tempore Stewart,
On behalf of the member companies of the New Mexico Oil and Gas Association (NMOGA), Independent Petroleum Association of New Mexico (IPANM), and Permian Basin Petroleum Association (PBPA), we would like to reiterate our strong opposition to SB 4 – Clear Horizons and Greenhouse Gas Emissions.
We implore you to understand this bill’s targets are scientifically unachievable in the parameters you have proposed. Our members are fully supportive of and practice environmental stewardship and innovation. As you know, with technology improvements and New Mexico’s stringent regulations, emissions continue to decrease throughout the state.
However, SB 4, as written, will force companies out of compliance and out of New Mexico. The bill will impose draconian emissions reductions mandates on oil and gas, utilities, agriculture, manufacturing, transportation, residential/commercial/industrial development and other critical sectors of the state’s economy.
If this is your goal, you will....