N.M. House panel advances plan to cut renewable-power targets

03/13/2011 | Bloomberg Businessweek

The New Mexico House Business and Industry Committee voted to approve legislation that would slash the state's renewable-power targets for this year through 2020. The measure seeks to set the renewable-energy target for investor-owned utilities at 5% in 2011, increasing to 10% in 2020. The current standard is 10% this year, rising to 20% in 2020.

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