Affordable Energy Threatened in New Mexico
Albuquerque Presentation by James Taylor
Energy and Environment Policy Expert at Heartland Institute
April 8, 2015 – 6:00 to 7:30pm
Since New Mexico adopted its renewable portfolio standard in 2007 under then-Gov. Bill Richardson, electricity prices in New Mexico have exploded. Seven such states with renewable mandates saw their rates soar by an average of 54.2 percent between 2001 and 2010, more than twice the average increase experienced by seven other coal-dependent states without mandates.
As New Mexico continues to struggle economically and rising electricity prices are not helping the situation. But the worst is yet to come. Federal and state policies are poised to push electricity costs even higher.
During the 2015 legislative session, HB 445 which passed the House would have limited New Mexico’s renewable requirement to 15% rather than continuing to implement it on the way to a 20% requirement by 2020.
James M. Taylor is vice president for external relations and senior fellow for environment and energy policy at The Heartland Institute. Taylor is the former managing editor (2001-2014) of Environment & Climate News, a national monthly publication devoted to sound science and free-market environmentalism. Taylor writes a weekly column for Forbes which appears on the magazine's Forbes.com Website.
Taylor will be presenting on the myriad forces threatening to drive electricity prices in New Mexico even higher at a Rio Grande Foundation event.
- When: Wednesday, April 8, from 6:00 to 7:30pm
- Where: Room 2401 UNM Law School: 1117 Stanford Dr., NE Albuquerque, NM 87106
- Cost: $5 payable at the door
Taylor has presented energy and environment analysis on CNN, CNN Headline News, Fox News Channel, Fox Business Channel, MSNBC, PBS News Hour, PBS Frontline, CBS Evening News, ABC World News and other TV and radio outlets across the country. Taylor has also been published in virtually every major newspaper in the country.
Taylor received his bachelor's degree from Dartmouth College where he studied atmospheric science and majored in government. He received his Juris Doctorate from Syracuse University.