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Carbon credit swap proposal moves forward in committee – Source New Mexico

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Carbon credit swap proposal moves forward in committee – Source New Mexico


A bill that could limit the carbon intensity of transportation fuels such as gasoline and diesel faced eclectic support and opposition in the House Energy, Environment and Natural Resources Committee on Saturday as people from both political wings took varying sides on the issue.

House Bill 41 seeks to lower carbon intensity by rewarding fuel companies for investing in cleaner options by allowing them to purchase carbon tax credits that it can then sell to companies that are producing high-carbon fuels like traditional gasoline and diesel. 

Producers that make high-carbon products will have to purchase carbon credits to be allowed to continue manufacturing such items.

The bill passed the committee on a party-line vote of 7-4.

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Bill sponsor Rep. Kristina Ortez (D-Taos) said it was time for New Mexico to capitalize on growing investments in clean energy. She estimated that the passage of the bill would lead to up to $240 million in new investments in clean energy, creating 1,600 or more new jobs.

Last week, the United States Department of Agriculture announced $19 million in grants for U.S. business owners in 22 states to expand the production of biofuels, which blend ethanol into gasoline. This includes $4.9 million for Love’s Travel Stops & Country Stores to retrofit 704 new ethanol pumps at stations across 18 states, including those in Albuquerque. 

“Without this bill, the new energy boom that we’re experiencing all around the country will leave New Mexico behind,” Ortez said at Saturday’s committee hearing.

Reactions across the board

In the nearly five-hour hearing, Republicans and lobbyists for agriculture and small petrol producers criticized the bill for having too many unknowns and argued it would pass costs on to consumers. Supporters said that the bill would not affect gasoline prices, drawing skepticism from Republicans in the committee.

“That would be the first business cost I knew or ever heard of that didn’t get passed on to the consumer,” said Rep. James Townsend (R-Artesia). “Somebody pays. And that’s what I think most people have not fully grasped.”

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Others who spoke in public comment claimed the bill didn’t take all stakeholders in account and some groups were excluded.

Climate activists also criticized the bill for not going far enough to compel industries to meaningfully reduce emissions, calling carbon credits “gimmicks” to allow industries to continue polluting at the same rate.

“This not only allows producers to make more money without achieving any environmental benefits, but also raises doubts about the credibility of these offset programs,” said Destiny Ray, an activist with the climate nonprofit Earth Care. “We need laws that result in effective, new and permanent emissions-reducing activities.”

Democrats, climate nonprofit representatives and some utility companies like the Public Service Company of New Mexico and Exxon Mobile praised the bill as a step in the right direction. 

“For too long, this state, the fossil fuel industry has considered the health effects collateral damage,” said Jim MacKenzie, co-coordinator of the climate nonprofit 350 New Mexico. “It’s time we take the health effects of this industry as real people. They are not only costs, they are people who hurt.”

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In contrast to smaller energy producers, Exxon Mobile representatives said the bill would be a cost-effective and efficient way to reduce emissions faster.

The bill aims to reduce emissions by 20% by 2030, resulting in a decrease of 16 million metric tons of carbon emissions over six years – less than 10 million metric tons short of emissions released in a year in New Mexico, according to the Environment Protection Agency.

According to the American Lung Association, one in seven New Mexicans has a respiratory condition like asthma or chronic obstructive pulmonary disease. The annual cost of treating asthma is about 10% of New Mexico’s median income of, which is about $3,100 in health care costs per person, per year the study shows.

Republicans argued the decrease in emissions would be insignificant and would require a high cost for little reward.

“I think we’re really trying to do something here, but we can’t quantify it,” said Rep. Rod Montoya (R-Farmington). “We’re hoping that it will help with asthma and other breathing issues, and we don’t know how or how much. And with the numbers presented earlier, I don’t think it’ll make a difference at all.

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Future revenue source for the state?

The proposed legislation is a reflection of similar plans enacted in Oregon, Washington and California. In Washington, the state’s first auction of carbon credits netted $300 million.

New Mexico’s bill would require companies that sell credits to invest the revenue in infrastructure projects. An amendment to the bill that did not come in on time to be heard in the committee changed the language to stipulate that 50% of the investments must go toward low-income and underserved communities.

The credit swap program would be run by the New Mexico Environment Department that can collect fees on transactions.

While Rep. Angelica Rubio (D-Las Cruces) ultimately voted yes on the bill, she reiterated concerns that the bill did not go far enough to protect communities of color that are disproportionately affected by climate change and environmental racism. 

Much of the frontline communities in oil and gas production in the state are immigrants and people of color.

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“Organizing is slow and governing is that much slower,” Rubio said. “I hope that in my tenure serving in this committee and in this institution that we’ll one day truly prioritize the needs and challenges of tribes, frontline communities and youth through real action in the way, if not more than, that we do for extractive industries and car culture.”

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New Mexico

What to know: Election Day 2026 in Rio Rancho

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What to know: Election Day 2026 in Rio Rancho


Polls are now open in Rio Rancho where voters are set to elect a new mayor and decide several key measures Tuesday.

RIO RANCHO, N.M. — Rio Rancho voters are set to elect a new mayor and decide several key measures Tuesday in one of New Mexico’s fastest growing cities.

Voters will make their way to one of the 14 voting centers open Tuesday to decide which person will become mayor, replacing Gregg Hull. These six candidates are running:

Like Albuquerque, Rio Rancho candidates need to earn 50% of the votes to win. Otherwise, the top two candidates will go to a runoff election.

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Regardless of who wins, this will be the first time Rio Rancho voters will elect a new mayor in over a decade. Their priorities include addressing crime and how fast the city is growing, as well as improving infrastructure and government transparency, especially as the site of a new Project Ranger missile project.

The only other race with multiple candidates is the District 5 city council seat. Incumbent Karissa Culbreath faces a challenge from Calvin Ducane Ward.

Voters will also decide the fate of three general obligation bonds:

  • $12 million to road projects
  • $4.3 million to public safety facility projects
  • $1.2 million to public quality of life projects
    • e.g., renovating the Esther Bone Memorial Library

The polls will stay open until 7 p.m.



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New Mexico

New Mexico Livestock Board accused of abuse of power in rancher, inspector feud

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New Mexico Livestock Board accused of abuse of power in rancher, inspector feud


LAS VEGAS, N.M. — The approaching desert dusk did nothing to settle Travis Regensberg’s nerves as he and a small herd of stray cattle awaited the appearance of a state livestock inspector with whom he had a 30-year feud.

This was Nov. 3, 2023, and, as Regensberg tells it, the New Mexico Livestock Board had maintained an agreement for almost a decade: Livestock Inspector Matthew Romero would not service his ranch due to a long history of bad blood between the two men. False allegations of “cattle rustling” had surfaced in the past, Regensberg said. 

A dramatic standoff that evening, caught on lapel camera video, shows Regensberg at the entrance gate of his ranch. Defiant, Regensberg says anyone but Romero can pick up the stray cattle he had asked state livestock officials to pick up earlier in the day. Romero, who is backed up by two New Mexico State Police officers, directs Regensberg to open the gate or he will be arrested.

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Travis Regensberg, rancher and contractor, practices his throw on a roping dummy in his barn in Las Vegas, N.M., on Feb. 17, 2025.



Unlawful impound?







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A small herd of Travis Regensberg’s cattle eat feed on his property in Las Vegas, N.M.

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The history

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Travis Regensberg takes a bag of feed out to his cattle followed by his dog Rooster in Las Vegas, N.M., on Feb. 17, 2025.



‘A matter of principle’







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Travis Regensberg gathers his rope while practicing his throw on a roping dummy in his barn in Las Vegas, N.M., on Feb. 17, 2025.


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New Mexico

William McCasland, retired general who led Air Force Research Laboratory, goes missing

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William McCasland, retired general  who led Air Force Research Laboratory, goes missing


A retired US Air Force general was reported missing in New Mexico, with authorities warning that medical concerns have heightened fears for his safety.

Retired Maj. Gen. William Neil McCasland, 68, was last seen around 11 a.m. Friday near Quail Run Court NE in Albuquerque, the Bernalillo County Sheriff’s Office said.

Officials said they do not know what McCasland was wearing or in which direction he may have traveled. The sheriff’s office has issued a Silver Alert.

“Due to his medical issues, law enforcement is concerned for his safety,” the sheriff’s office said.

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McCasland was a longtime leader at Kirtland Air Force Base in New Mexico and previously commanded Kirtland’s Phillips Research Site and Air Force Research Laboratory.

Col. Justin Secrest, commander of the 377th Air Base Wing at Kirtland, told the Albuquerque Journal that the base is coordinating with local authorities.

Retired Maj. Gen. William Neil McCasland, a longtime leader at Kirtland Air Force Base in New Mexico, has gone missing. United States Air Force
1st Lt. Steven McNamara (left) and McCasland cut the cake celebrating 100 years of heritage for the Air Force Research Laboratory at the Heritage Annex. Jim Fisher / United States Air Force
“Due to his medical issues, law enforcement is concerned for his safety,” the sheriff’s office said. Bernalillo County Sheriff’s Office

“Our thoughts are with his family during this difficult time,” Secrest said.

McCasland was commissioned in 1979 after graduating from the US Air Force Academy with a degree in astronautical engineering and held multiple leadership roles in space research, acquisition and operations, including work with the National Reconnaissance Office.

Authorities asked anyone with information about McCasland to text BCSO to 847411 or call the sheriff’s Missing Persons Unit at +1 (505) 468-7070.

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