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New Mexico May Finally Reform Oil and Gas Industry With Slate of Bills

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New Mexico May Finally Reform Oil and Gas Industry With Slate of Bills


Welcome to Feet to the Fire: Big Oil and the Climate Crisis,” a biweekly newsletter in which we share our latest reporting on how the fossil fuel industry is driving climate change and influencing climate policy in five of the nation’s most important oil- and gas-producing states. In addition, we shine a spotlight on the financing of the fossil fuel industry, holding banks and other financial institutions accountable for their role and providing you with updates on their activities.

Click here to subscribe to the newsletter in Substack.


New Mexico’s Oil and Gas Industry Could See Big Change With Slate of Bills 

New Mexico, the country’s second-largest oil producer, failed to take steps last year to reform its fossil fuel industry. This year, with the beginning of the state Legislature’s session, lawmakers  will see a half-dozen bills that could spell big changes for the oil and gas industry through new oil well placement restrictions, increased fines and higher royalty payments, among other possible shifts. The industry is keeping a close eye on the bills. A spokesperson for the New Mexico Oil and Gas Association tells The Slick’s Jerry Redfern that the group “and its industry members support legislation that is grounded in science,” noting that the oil and gas industry funds much of the state’s budget.

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Decision to Scrap Resource Management Plans Confuses Both Enviros and Industry

Also in the state, a quietly announced decision by a regional office of the powerful New Mexico Bureau of Land Management united both environmentalists and oil and gas industry leaders — in confusion. The announcement that the Farmington office of the agency was scrapping work on a long-awaited update to the district’s resource management plans — which would have overhauled the playbook for vetting new oil and gas development over more than 4 million acres of federal, private and Native lands in northwestern New Mexico — “allows industry to move at the speed of last century’s status quo,” a Navajo conservation activist tells Redfern.


Pennsylvania Gov. Shapiro Promised 30% Renewable Electricity by 2030, But Little is Happening 

When he took office, Pennsylvania Gov. Josh Shapiro was resolute in setting an ambitious goal — making sure that 30% of the energy sold in the state by 2030 would come from renewable sources, up from 8%. A year later, his office has provided no updates on what the administration is doing to reach that 30% goal, reports The Slick’s Audrey Carleton. That includes not taking a position on a bill in the Legislature that would update the state’s energy standards to require that 30% of its energy sales come from renewable sources.


Fossil Fuel Sector Loses Ground Again, Dragging Down Stock Market Returns

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Oil companies reported a 30% decline in annual projects in 2023, with the sector posting an annual loss of almost 5%, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA), which concluded that “it wasn’t just a bad year to invest in fossil fuels — but a bad decade.” The group’s energy finance analyst Dan Cohn said, “The era of stable, blue-chip returns from the fossil fuel sector is long gone.” In comparison, fossil-free equity indices are picking up steam and proving to be better investments. (See chart below.)

 


NYC Pension Funds Take Aim at Banks Over Fossil Fuel Financing

The day after Europe’s biggest pension fund, Dutch ABP, warned banks that they might divest in banks that continue financing fossil fuel projects, New York City took a similar step. City  Comptroller Brad Lander and trustees of four NYC pension funds — New York City Employees’ Retirement System, Teachers’ Retirement System, Board of Education Retirement System and New York City Police Pension Fund — filed shareholder proposals with six major North American banks asking them to fully report their ratios of clean energy to fossil fuel finance and to speed up their stated goals of achieving net zero emissions. The six banking institutions are Bank of America, Citigroup, Goldman Sachs, Morgan Stanley, J.P. Morgan Chase and Royal Bank of Canada.


ING Threatened With Lawsuit Over Continued Financing of Oil and Gas

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Dutch banking giant ING is the latest to be threatened with legal action over its continued investment in fossil fuel companies. Milieudefensie, the Dutch branch of the nonprofit Friend of the Earth, announced that it plans to sue the bank, claiming that its financing of fossil fuel projects has increased carbon emissions and contributed to global warming. Last year, climate activist groups sued BNP Paribas, claiming that the French bank’s financing of oil and gas companies violated a French law requiring companies to draft environmental damage vigilance plans. It was described by Oxfam as the world’s first climate suit against a commercial bank. That case is ongoing.


HSBC Accused of Reneging on Its Promise to Stop Financing New Oil and Gas Fields

Banking giant HSBC shocked the finance world and won plaudits from climate groups with its announcement in December 2022 that it would stop financing new oil and gas fields. But that same day, HSBC bankers began selling shares in Saudi Aramco, one of the biggest oil giants in the world, sources tell The Bureau of Investigative Journalism (TBIJ), adding that “the bank’s policy has been cleverly worded to allow it to fund some of the world’s biggest polluters while boasting about its green credentials.” Since the announcement, the bank has helped raise more than $47 billion for companies expanding the production of oil and gas, per TBIJ. In response, HSBC said its policy allows the bank to continue providing finance “at a corporate level” and its approach “is based on the latest science for achieving net zero and follows the UN-backed approach for climate target setting and net zero alignment for banks.”


Bank of America Backtracks on Its 2022 Vow to Stop Financing New Coal Projects

At the start of February, Bank of America, one of the largest financiers of fossil fuel projects in the world, echoed HSBC’s backtrack. Two years ago, Bank of America won praise from climate groups for announcing that it would stop financing new coal mines, coal-fueled power plants or Arctic drilling projects. But in its latest environmental and social-risk policy, it pulls back from those commitments, saying only that such projects will undergo “enhanced due diligence.” The move comes in the wake of intense attacks on “woke finance” from conservative lawmakers targeting banks for their environmental policies, the New York Times reported.

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Barclays Says It Will Stop Financing New Oil and Gas Projects

And British bank Barclays took a step forward by announcing Feb. 9 that it will stop directly financing new oil and gas projects, as well as restrict lending to energy companies involved in fossil fuel production. The move was outlined in its Transition Finance Framework amid pressure from climate groups over its energy policy. Barclays was Europe’s biggest financier of fossil fuel projects between 2016 and 2022, according to the Rainforest Action Network. In response to the new announcement, nonprofit ShareAction said it was withdrawing a proposed shareholder resolution that pushed for the bank to halt its financing of such projects.


Copyright 2024 Capital & Main



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New Mexico

New Mexico man sentenced to nearly 20 years for distributing meth

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New Mexico man sentenced to nearly 20 years for distributing meth


ALBUQUERQUE, N.M. – A judge sentenced a New Mexico man to nearly 20 years in prison for distributing meth and having guns in his possession to use while doing so.

Court records indicate 43-year-old David Amaya sold meth from a trailer on his parents’ property in Anthony throughout July and August 2024. Agents executed a search warrant Aug. 22 and found 1.18 kilograms of meth, two firearms and ammunition in the trailer and a makeshift bathroom.

Amaya pleaded guilty to possession of meth with intent to distribute it. A judge sentenced him to 235 months in prison.

Once he is out, Amaya will face five years of supervised release.

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The FBI’s Albuquerque Field Office and the Las Cruces Metro Narcotics Task Force investigated the case. Assistant U.S. Attorney Kirk Williams prosecuted it.



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New Mexico

New Mexico Lottery Powerball, Pick 3 Day results for Dec. 10, 2025

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The New Mexico Lottery offers multiple draw games for those aiming to win big. Here’s a look at Dec. 10, 2025, results for each game:

Powerball

10-16-29-33-69, Powerball: 22, Power Play: 3

Check Powerball payouts and previous drawings here.

Pick 3

Day: 8-2-7

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Evening: 6-9-2

Check Pick 3 payouts and previous drawings here.

Lotto America

03-13-37-42-44, Star Ball: 01, ASB: 03

Check Lotto America payouts and previous drawings here.

Pick 4

Evening: 5-0-7-8

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Day: 3-7-2-0

Check Pick 4 payouts and previous drawings here.

Roadrunner Cash

02-04-06-21-22

Check Roadrunner Cash payouts and previous drawings here.

Powerball Double Play

13-15-51-67-68, Powerball: 08

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Feeling lucky? Explore the latest lottery news & results

This results page was generated automatically using information from TinBu and a template written and reviewed by a Las Cruces Sun-News editor. You can send feedback using this form.



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New Mexico

Secretive New Mexico Data Center Plan Races Forward Despite Community Pushback

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Secretive New Mexico Data Center Plan Races Forward Despite Community Pushback


By Dan Ross

This article was originally published by Truthout

To power the growing demand for AI, New Mexico is gearing up to build a data center with a city-sized carbon footprint.

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At the very Southeastern tip of New Mexico bordering Texas and Mexico, a new artificial intelligence (AI) data center is gearing up to be a greenhouse gas and air pollution behemoth, an additional water user in a drought-afflicted region, and a sower of community discontent.

Project Jupiter is one of five sites in the $500 billion Stargate Project, a national pipeline of massive AI systems linked with OpenAI, Oracle, and SoftBank.

“Health is my biggest concern. I’m worried about the air pollution, the ozone, and the buzzing noise,” local resident José Saldaña Jr., 45, told Truthout.  Saldaña has lived in Sunland Park, New Mexico, nearly his entire life, and he’s worried about Project Jupiter’s added environmental footprint in a pollution hotspot. Another big data center is going up in nearby El Paso, Texas. He lives less than two miles from a landfill that emits such an unpleasant smell, he can’t even hang his clothes out to dry.

“I’m just trying to stand up for my community,” Saldaña said of his opposition to the facility. But the project is racing ahead, and has already cleared one important hurdle: financing, including a massive tax break for the data center’s backers.

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Between September and October, the Doña Ana County Board of County Commissioners approved three funding ordinances, including the sale of industrial revenue bonds up to $165 billion.

With important permitting decisions still pending, work at the project site has already begun. Proponents tout all sorts of alleged benefits. This includes at least 750 well-paid new full-time positions and 50 part-time roles within three years of operations, with a priority for local hires. Instead of paying property and gross receipt taxes, the project will make incremental payments spread out over 30 years totalling $360 million — just a fraction of the bond monies.

Opponents of the project argue, however, that any benefits to the local economy are far outweighed by the impacts from potentially millions of tons of heat-trapping gas emissions annually from the plant’s proposed energy microgrid. This, when global warming is on track to increase by as much as 2.8 degrees Celsius over the century, blowing past Paris Agreement benchmarks set just 10 years ago.

And while Project Jupiter isn’t expected to be as thirsty as some of its fellow data centers, water advocates warn about any uptick of water usage in this drought-afflicted region, especially when New Mexico is projected to have 25 percent less surface and groundwater recharge by 2070 due to climate change.

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“There’s so much secrecy and lack of information about the project,” Norm Gaume told Truthout. Indeed, a lot of the negotiations around the project have occurred behind closed doors. Gaume is a retired state water manager and now president of the nonprofit New Mexico Water Advocates.

“What is certain is two things: Global warming is taking our renewable water away. And Project Jupiter intends to use the least efficient gas turbine generators,” said Gaume. “Their emissions are just over the top.”

Massive Energy Consumption

The recent, rampant proliferation of AI in everyday life has prompted the swift buildout of enormous facilities to house the machinery needed to crunch extraordinary amounts of data — a process that requires enormous amounts of energy. Just how much?

The Western Resource Advocates, a nonprofit fighting climate change and its impacts, recently published a report showing how seven of the eight largest utilities in the interior West forecast an increase in annual energy demand of about 4.5 percent per year, driven primarily by the growth of energy-sucking data centers. In comparison, their annual electricity sales grew by only about 1 percent per year between 2010 and 2023. 

This week, over 200 groups from all over the country jointly signed a letter to Congress urging for a moratorium on new data centers until safeguards are in place to protect communities, families, and the environment from the “economic, environmental, climate and water security” threats they pose.

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Project Jupiter is set to be powered by two natural gas-fueled microgrids. But air quality permits recently filed with the New Mexico Environment Department show the project could reportedly emit as much as 14 million tons of carbon dioxide a year, according to Source NM. How much is that? The entirety of Los Angeles, the country’s second-largest city by population, emitted just over 26 million metric tons of carbon dioxide in 2022.

Under state law, qualified microgrids won’t be required to transition to a 100 percent renewable energy system for another 20 years, Deborah Kapiloff, a clean energy policy adviser with the nonprofit Western Resource Advocates, told Truthout. “So hypothetically, up until January 1, 2045, [Project Jupiter’s operators] could run their gas plants at full capacity. There are no interim guidelines. There’s no off-ramp,” she added.

Furthermore, the region is already classed as a marginal “non-attainment” area, meaning it fails in part to meet federal air quality standards for things like ozone and fine particulate matter levels. And local residents are concerned about the addition in the area of noxious air pollutants — including PM2.5, one of the most dangerous such pollutants linked to serious health issues like cardiovascular disease — from the gas powered microgrids.

“Technically, the EPA could decline these air quality permits because we have such bad air quality already,” documentary filmmaker Annie Ersinghaus told Truthout. She lives in the adjacent city of Las Cruces, New Mexico, and is skeptical the Environmental Protection Agency will intervene. “It very much feels like David and Goliath.”

Then there’s the water component.

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Water Usage

According to online materials, the project’s data centers will require a total one-time fill volume of approximately 2.5 million gallons (which is the equivalent to the annual water usage of just under 25 households). Once operational, Project Jupiter’s data centers will use an average of 20,000 gallons per day (which is equivalent in daily usage of about 67 average households).  

This doesn’t appear to be a lot of water — some data centers can use millions of gallons daily.

Project Jupiter’s developers boast an efficient closed-loop cooling system. But Kacey Hovden, a staff attorney with the nonprofit New Mexico Environmental Law Center, warned Truthout that this type of cooling system hasn’t yet been used at a fully operational facility, and therefore, it’s currently unknown whether those projected numbers are realistic.

In the background lurks a rapidly warming world marked by huge declines in global freshwater reserves. Arid New Mexico is at the heart of this problem.

A comprehensive analysis of the impacts from climate change on water resources in New Mexico paint a picture over the next 50 years of temperatures rising as much as 7 degrees Fahrenheit across the state, and with it, reduced water availability from lighter snowpacks, lower soil moisture levels, greater frequency and intensity of wildfires, and much more aggressive competition for scarce water resources.

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Gaume told Truthout the state needs to take every step possible to curtail water usage rather than add to its needs. “This is a pig in a poke,” Gaume said about Project Jupiter. “We’re living in a fantasy world where people aren’t really paying attention to water.”

The project’s potential impacts on the community’s drinking water supplies is further complicated by the fact that both will share a water supplier, at least for a while — the Camino Real Regional Utility Authority, which has long been marred by water quality issues, including serving water containing elevated arsenic levels to its customers. An Environmental Working Group assessment of the utility’s compliance records finds it in “serious violation” of federal health-based drinking water standards.

The utility’s problems have gotten so bad that the Doña Ana Board of County Commissioners voted in May to approve the termination of the joint powers agreement that created the utility. Exactly what will replace it is currently unclear.

Project Jupiter will supposedly contribute $50 million to expand water and wastewater infrastructure. But it’s also unclear exactly how those funds will be used — whether just for the data center or for the community as well — and when. Hovden described this promised investment as nebulous. “I would say that’s probably the best way to describe everything around this project,” she said.

Multiple messages to BorderPlex Digital Assets — one of two project developers alongside STACK Infrastructure — went unanswered.

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Then comes the issue of groundwater, the region’s primary water source. Once again, there’s very little known about the sustainable health of the region’s groundwater tables.

“The horse is way out ahead of the cart in this situation, where we don’t really know a lot of the details of how this project might impact New Mexico, especially its water,” Stacy Timmons, associate director of hydrogeology at the New Mexico Bureau of Geology and Mineral Resources, told Truthout. She’s currently involved in a state project to better understand the status of New Mexico’s groundwater resources.

Community Pushback

Caught unawares by the speed with which this project was announced and is moving forward, community pushback is beginning to coalesce. At the end of October, the New Mexico Environmental Law Center filed a lawsuit on behalf of José Saldaña and another local resident, Vivian Fuller, against the Doña Ana County Board of County Commissioners, arguing that they had unlawfully approved the three funding ordinances. 

Ersinghaus is one of a group of local residents behind Jupiter Watch. They turn up at the construction site to monitor and track its progress, to make sure permits are in order (they often aren’t, she said), and to bring some “accountability” to the project. A large protest is scheduled for early next year, to coincide with the air quality permit decisions.

“Jupiter Watch came along very spontaneously,” said Ersinghaus, about the impetus behind the group in light of the hastily fast-tracked project. “Our commissioners voted for this [bar one], and we want them to feel ashamed.”

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Saldaña said that he’d like regulators and politicians to halt the project and move it elsewhere. If they don’t, he speculated that he might pack up and move from the region he’s called home since 1980.

“In the worst case scenario, I’ll tell my mom, ‘Let’s move, let’s get the hell out of here.’ But I don’t want to move,” said Saldaña. His mother lives next door to him and he has many relatives in the area. “It’s sad. Very sad.”


This article was originally published by Truthout and is licensed under Creative Commons (CC BY-NC-ND 4.0). Please maintain all links and credits in accordance with our republishing guidelines.





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