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New Energy Economy News
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On this May Day, lifting up workers instead of AI billionaires who are working hard to create a permanent underclass
Yesterday at the evidentiary hearing to determine whether Blackstone and PNM broke the law with their $400 million unsanctioned stock transaction, Blackstone and PNM continued to argue that the law does not actually say what the law says. There is no 10% control threshold to trigger the requirement to get PRC permission, even if at one time a draft of a bill once said that and a newspaper once reported about the draft! They also continued throwing up smoke to try to obscure t
May 1


Affordability and equity means centering people and the planet
Today in Columbia representatives from more than 50 nations, dozens of subnational governments and 2800 representatives from civil societies, a "coalition of the willing," continue their five day global conference to reinvigorate international efforts to reduce climate warming emissions outside of the Paris Accords COP process, which has largely been hijacked by fossil fuel interests and petrostates like the United States and Saudi Arabia. The group has formed a panel of scie
Apr 28


Hundreds showed up last night to tell the PRC: Blackstone is not welcome in New Mexico!
Last night more than 400 New Mexicans showed up at the PRC public comment hearing about the Blackstone buyout of PNM and spoke loud and clear: Blackstone is not wanted in New Mexico. More than 300 people came in person and signed up, but only about 70 got a chance to speak! Well over 100 were waiting online on zoom and not one of them got the chance. People were lined up outside in the hallway because the room could not contain everyone. People listened from the parking lot.
Feb 6


New Mexicans showed up to tell the PRC that experience and accountability matter.. and BCP has shown none.
What happens when an inexperienced and profit driven gas company cuts costs and fails to properly maintain its facilities and operations? On Tuesday dozens of New Mexicans showed up to the PRC's public comment hearing about Bernhard Capital Partner's bid to buy New Mexico Gas Company and asked that very important question. How can a private equity company focused exclusively on profit, and with just three months experience running a gas utility, be trusted to provide safe an
Oct 31, 2025


NEW MEXICANS SHOULD NOT BE LIMITED TO A CHOICE BETWEEN TWO EXPLOITATIVE CORPORATIONS FOR ENERGY
Some have written to us with concerns about the Blackstone proposal to acquire PNM and whether Avangrid would have been preferable, but...
Jun 20, 2025


This week: 8% bill reduction victory; fighting for community solar at the PRC & HB108
First, in a historic victory PNM's compliance filing reveals that the actual results of the imprudence findings and disallowances won in...
Jan 15, 2024


Avangrid Out! Our path to energy democracy just got so much brighter!
Today it was announced that Avangrid and its parent company Iberdrola opted to walk away from their proposed merger with PNM just before...
Jan 2, 2024


On this eve of the new year we are grateful for our connection with you
I need you to walk with me - so we can remember why we are doing this, together. Each morning I walk through the remaining wild lands...
Dec 31, 2023


"Resist Dance" in a state awash in oil and gas money
To those of you who have not seen it yet, an article on the front page of the Santa Fe New Mexican on Monday notes that "New Mexico’s oil...
Dec 21, 2023


The rate case hearing has started. PNM is trying to charge us for plants long after they have closed
First, thank you to all those of you who signed up to speak at the Public Comment hearing last week on Thursday! Your message was heard...
Sep 5, 2023


Bipartisan bill attempts to pre-empt New Mexico's capacity to take Climate Action
A bipartisan bill introduced last week and passed already through the House Energy and Natural Resources Committee would pre-empt the...
Feb 20, 2023


Local Choice Energy passes Senate Conservation!
This morning Senate Conservation had a full house once again. After a brief presentation of the bill by Sponsor, Senator Carrie Hamblen...
Feb 9, 2023


Local Choice is under attack. What do we do? Stand up fight back!
You know you're doing something right when PNM names the Local Choice Energy Act as its top priority to kill this session. We are proud...
Feb 6, 2023


Igniting the imagination of New Mexico
New Energy Economy operates on the theory that change requires both courageous opposition to the violence of the fossil fuel economy AND...
Dec 30, 2022


From undue corporate influence to a regenerative economy - We can do it!
The energy crossroads at which we stand is not just about fossil fuels or renewables, but about who controls the process, who owns the...
Dec 15, 2022


ETA promises broken - Supreme Court rules for PNM
Yesterday the NM Supreme Court granted PNM's Motion for Stay, allowing PNM to continue charging ratepayers for the operating costs of the...
Nov 2, 2022


After 10 years fighting for Community Solar, utilities continue to stonewall. Motion for Stay filed.
On August 17th, Southwestern Public Service Company (SPS) filed a Motion to Stay Implementation of Community Solar at the NM Supreme...
Aug 19, 2022


NO means NO, Avangrid has got to go.
Kicking off the PNM, Avangrid & Chevron sponsored energy summit today - the head of JP Morgan Chase communications, PNM CEO Pat...
Apr 21, 2022


Our democractically elected regulatory body said NO, but Avangrid just won't go.
Despite the PRC's ruling that a PNM/Avangrid merger would not be in the public interest, Avangrid & PNM to co-host energy summit &...
Apr 20, 2022
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