A large coalition of New Mexico community, faith, tribal, and environmental advocates today welcomed the New Mexico Public Regulation Commission’s (PRC) decision to approve Public Service Company of New Mexico’s (PNM) request to abandon or exit the San Juan Generating Station and use low-interest bonds through the Energy Transition Act (ETA) to finance its remaining investment in the plant. The Commission voted unanimously to approve both the abandonment and financing orders.
“So much work and discernment has gone into the difficult decision to close the San Juan Generating Power Plant… Many faith leaders and people of faith applaud this as a moral and ethical action for the Common Good and our Common Home.” — Sister Joan Brown,osf, Executive Director, New Mexico Interfaith Power and Light. Read more here
