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Contact Mr. Frank Burcham, Coordinator of the Land of Enchantment Clean Cities Coalition at loecleancities@comcast.net

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State of New Mexico Renewable Fuels Executive Order

By 2010, all cabinet-level state agencies, public schools (K-12), and institutions of higher education are required to take action toward obtaining fifteen percent (15%) of their total transportation fuel requirements from renewable fuels such as ethanol and biodiesel. (Reference Executive Order 2005-049, 2005)

On October 31, 2006; Governor Bill Richardson announced his legislative agenda in the areas of clean energy and a clean environment. The Governor’s agenda is designed to invest in the tax incentives, biofuels and green buildings that will continue to make New Mexico the nation’s Clean Energy State. It includes a $23 million investment in energy efficiency and green buildings, a recurring investment ($9.6 million this year) for land, wildlife, and clean energy projects, and $3 million in tax incentives for biofuels, energy efficient appliances and renewable energy manufacturers.

Renewable Fuels

To help break our addiction to foreign oil, keep our air clean and create jobs, Governor Richardson today proposed tax credits for the use and distribution of biofuels like biodiesel. Under the Governor’s proposal, biodiesel distributors will receive a six cent per gallon tax credit for every gallon of B5 biodiesel blend delivered beginning in 2007, and biodiesel facilities will be eligible for a one time tax credit of 30% of the cost of equipment and installation to allow for the sale of biodiesel blended fuels. He also announced biofuel standards that will mean by 2012, five percent of every gallon of diesel sold in New Mexico will come from agricultural sources, and a 20 percent biodiesel standard by 2020. This plan will save the equivalent of half-a-million barrels of oil per year by 2012, rising to 2.2 million barrels of oil saved annually by 2020.