February 7, 2023

by Curtis Segarra, KRQE

SANTA FE, N.M. (KRQE) – Tuesday, legislators considered a bill to give the state’s Energy, Minerals and Natural Resources Department additional powers to deny permits to oil and gas companies. The bill would also require oil and gas companies to prove they have “environmental insurance coverage.”

House Bill 276, sponsored by Representatives Andrea Romero (D-Santa Fe) and Christine Chandler (D-Santa Fe & Los Alamos), would place additional controls on who could receive a permit to pump oil and gas. The bill would require companies to prove they have environmental insurance and that they are fiscally solvent. …

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