The United States has 3% of the oil reserves but consumes 25% of the world oil production. As a State we enjoy 300+ days of sunshine and are situated in a wind corridor which positions New Mexico to be a leader in Alternative Energy production.
By moving to other energy sources such as wind, solar and clean natural gas we can bring not only energy independence to our State but new economic development. This means new jobs will be created when new industries open in New Mexico to meet our commitment to Alternative Energy.
By sustaining the alternative energy tax credits on the books now and developing new incentives, not only to business, but also to the general public, we will enable the citizens of New Mexico the ability to take control of our energy future.