Breaking News Stories

Supreme Court ruling leaves PRC rejection of power plant deal in place

  • The Supreme Court has dismissed the power companies’ claims that the 2021 Chinese ruling was arbitrary, inconsistent and unreasonable.
  • A PNM spokeswoman said the decision would only delay the exit from the utility’s facilities and delay cutting carbon emissions from coal.
  • Sierra Club lawyers characterized the decision as a win for PNM clients.

Various indigenous and environmental groups support the state’s refusal of a request by the New Mexico Public Service Company to transfer its interest in Fruitland’s Four Corners power plant to Fruitland owners. Praised the July 6 ruling of the New Mexico Supreme Court. factory coal mine.

But a PNM spokesman said the decision would only delay the exit from the utility’s facilities and delay cutting carbon emissions from coal.

PNM had sought to transfer a 13% stake in the coal-fired power plant to the Navajo Interim Energy Company by the end of 2024. The move was denied by the New Mexico Public Regulatory Commission in 2021, and a Supreme Court ruling upholds that denial. in place.

Share this post:

Leave a Reply