New Mexico

The New Mexico Interagency Climate Change Task Force released a report in 2019 outlining emission reduction strategies including a cap and trade system. The Task Force will report on progress in September 2020.

Meanwhile in the Legislature, two bills failed in the 2020 Legislature in New Mexico: one promoting drafting of a carbon tax (SB 475) and one (SB 393) proposing a gasoline and natural gas tax.

 

Last updated March 8, 2020