Today’s Solutions: May 18, 2024

The Land of Enchantment, New Mexico, has just passed a bill that requires its public utilities to embrace 100 percent clean energy by 2045, making it the third state to officially commit to carbon-free electricity. Following in the footsteps of California and Hawaii, New Mexico will oust coal and invest heavily into solar energy. The bill also imposes interim renewable energy targets of 50 percent by 2030 and 80 percent by 2040. To compensate for the loss of coal revenue, the new legislation requires $40 million to be sent to regions expected to lose coal production while also building 450 MW of new renewable generating capacity in those same regions. Considering that New Mexico is one of America’s most coal-heavy states, its bold commitment to renewables sets an example for other states to follow.

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