President Biden was in New Mexico last week to boost his administration’s goal to bring jobs back to America while fighting the effects of climate change. The president spoke for about 25 minutes to supporters and critics alike at the future Arcosa Wind Tower Factory in Belen, highlighting the Inflation Reduction Act and its focus on seeking out green alternatives to oil…
Tag: oil and gas
Status Quo and Climate Change
“Everything is in a state of flux, including the status quo.” – Robert Byrne This past Thursday was Earth Day, April 22, and during a virtual climate summit, President Biden pledged to cut U.S. greenhouse emissions in half by 2030. He outlined an ambitious plan that calls for big changes to our energy and transportation…
Oil and Gas Revenues in New Mexico Have Been Declining for Years: Clean Energy is What New Mexico Needs, not Dutch Disease
In late January, the Biden administration announced the suspension of new oil and gas leasing and drilling permits for US lands and waterways for 60 days as part of a Department of the Interior review. This move follows President Joe Biden’s campaign pledge to halt new drilling on federal lands and end the leasing of publicly owned energy reserves…