|Theme||Visible||Selectable||Appearance||Zoom Range (now: 0)|
New Mexico’s state treasurer is calling on state environmental regulators to close loopholes in proposed rules aimed at reducing emissions of methane and other pollutants from the oil and natural gas industry. State Treasurer Tim Eichenberg confirmed that he has joined with a long list of socially responsible investment groups that are citing gaps in proposed regulations from the Environment Department and the state Energy, Minerals, and Natural Resources Department. They outlined their position in a letter sent to Democratic Gov. Michelle Lujan Grisham. Lujan Grisham’s administration has said New Mexico stands to have some of the most expansive rules for addressing methane and other emissions from the oil and gas industry after many meetings with industry experts and environmentalists. The draft rules released by the environment department target oil and natural gas equipment that emit volatile organic compounds and nitrogen oxides.