Skip to comments.Cap-Trade Rule Hearing Wraps Up (NM)
Posted on 11/16/2011 3:10:35 PM PST by CedarDave
New Mexico has already been passed over for some gas and oil projects because of regulatory uncertainties, a witness for opponents of the states cap-and-trade rule told the Environmental Improvement Board on Tuesday.
The board, which concluded three days of technical testimony, also heard from a climate change expert who said the science is still in flux and that its impacts on New Mexico health and resources cant be predicted with accuracy.
John Christy, an atmospheric science professor and contributor to United Nations reports by the Intergovernmental Panel on Climate Change, said cap and trade would have no meaningful impact on global climate or future conditions here.
(Excerpt) Read more at abqjournal.com ...
This is the first of two hearings before the NMEIB to repeal cap and trade, and CO2 emissions limits that were passed by former Governor Bill Richardson's enviro-zealot board in the waning days of his administration and following the election of a Republican governor. (Richardson himself is now the target of a Federal grand jury investigation regarding campaign donation improprieties.)
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