New Mexico Passes Laws for Clean Energy and Hybrid Cars

New Mexico Governor Bill Richardson recently signed three energy bills into law. The "Renewable Energy Act" sets minimum requirements for renewable energy use by the state's public utilities. Richardson also signed a bill for New Mexico to invest in hydrogen and other energy sources, and to provide "clean energy grants" to state agencies, local governments, public schools, educational institutions and tribal entities. The third bill exempts from excise taxes any purchase of a new hybrid-electric car that achieves a fuel economy rating of at least 27.5 miles per gallon.

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