On March 11th Hearing Examiners at the New Mexico Public Regulation Commission (PRC) granted a motion requiring the Joint Applicants in PRC Case No. 25-00060-UT - PNM, TXNM Energy, and Blackstone’s Troy Parentco - to show cause why a $400 million Financing Transaction made in connection to the proposed merger without PRC approval was not unlawful under New Mexico law. That ruling followed a motion filed by Prosperity Works and supported by multiple intervenors, including New

Yesterday you showed up to defend our water. New Mexican's from across the state made an impassioned plea to the Commission: water is kin, water is sacred, we cannot risk contaminating the water that gives us life. Farmers, acequieros, tribal members, business owners, teachers, parents, medical professionals, scientists and former oil and gas workers from across the state - from Taos to Espanola to Albuquerque to Doña Ana County - each gave their time and spoke passionately i

On April 7th, 2026 New Energy Economy and the Center for Biological Diversity filed a Joint Motion to Show Cause arguing that the WATR Alliance, in its petition seeking authorization to reuse and discharge produced water, had fabricated multiple quotations supporting their petition by alleging that the quotations were extracts from peer reviewed scientific papers. The quotations misrepresented the state of the science and the conclusions reached by the authors of these studie

This week we learned about a company looking to restart exploration for uranium mining near Canjilon, a project that could poison the entire Chama watershed, we scrambled to participate in the ludicrous seven day public comment period on the Trump administration's bid to re-open fossil fuel extraction near Chaco Canyon, and saw there was a notice that federal agencies are reversing efforts to ban mining in the Upper Pecos, potentially opening up nearly 165,000 acres for miner

The Hearing Examiners have agreed with intervenors that Blackstone's acquisition of $400 million PNM shares without PRC permission warrants its own hearing, which has been set to begin on April 30th. Most importantly, the Hearing Examiners have vacated the prior hearing schedule because they agreed with intervenors that the acquisition cannot move forward until an investigative hearing concludes and a determination is made as to whether Blackstone and PNM violated the law wit

Thank you to all those who joined our conversation with Karen Hao about the Empire of AI and how Blackstone's ambition - to use New Mexico land, water, utility customers and energy resources to cash in on the artificial intelligence gold rush - could impact our communities and environment. If there is one thing we took away from Karen's deep knowledge and important insights, it is that the apocalyptic vision of these Artificial Intelligence zealots is not inevitable. Despite