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New Mexico Can't Afford California's Green Deal.
- Source :
-
Wall Street Journal - Online Edition . 10/19/2024, pN.PAG-N.PAG. 1p. - Publication Year :
- 2024
-
Abstract
- New Mexico, a sparsely populated state with a high poverty rate, has adopted California's green-energy policies, including transitioning to wind and solar energy sources and requiring all state vehicles to be electric by 2035. However, the state's economy heavily relies on oil and gas production, which contributes significantly to state revenue. The push towards electric vehicles and clean fuels may lead to increased electricity rates, higher fuel prices, and economic challenges for businesses and consumers in the state. Despite efforts to reduce greenhouse gas emissions, the impact on New Mexicans' livelihoods and the state's economy remains a concern. [Extracted from the article]
Details
- Language :
- English
- Database :
- Academic Search Index
- Journal :
- Wall Street Journal - Online Edition
- Publication Type :
- News
- Accession number :
- 180360240