New Mexico Clean Transportation Fuel Program: New Market Opportunity for Biofuels
On Jan. 22, the New Mexico Environmental Improvement Board unanimously approved a slightly revised version of the Clean Transportation Fuel Program regulations proposed by the New Mexico Environment Department. The newly approved program mandates the fastest carbon intensity reduction in the U.S.: 20% by 2030, starting in April. New Mexico is the first state outside of the Pacific Coast Collaborative to adopt a clean fuels program, and the first major oil- and gas-producing state to adopt a program.