«return to newslistMaximizing State Revenue

Dec 20, 2021 – 

Originally Published by EDF

“Unchecked emissions carry a significant economic cost for New Mexico. Vented, flared and leaked methane wastes $271 million worth of natural gas annually. If captured, this would translate to an additional $43 million in tax and royalty revenue for the state every year.

At a time when New Mexico faces significant fiscal challenges, that money could be invested in priorities like health care, infrastructure and education. For example, lost state revenue from methane waste would be enough to increase pre-K enrollment by 80% and enroll more than 7,000 additional New Mexico children in early education programs.”

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NMEPHN is a project of New Mexico Voices for Children