PNM Resources

<p>=</p><p><font size="4" face="Times New Roman"> </font></p><p><a href="http://insideclimatenews.org/news/27012016/new-mexico-coal-plant-partial-shutdown-san-juan-generating-station-pnm">http://insideclimatenews.org/news/27012016/new-mexico-coal-plant-partial-shutdown-san-juan-generating-station-pnm</a></p><p>
</p><div class="field field-name-body field-type-text-with-summary field-label-hidden">

    <div class="field-items">
          <div class="field-item even"><p>When

New Mexico utility regulators decided to partially close the state's

largest coal-fired power plant in December, they punted the

controversial discussion of how long the state should rely on coal.

The San Juan Generating Station provides about a third of the state's power. During more than two years of caustic debate, <a href="http://insideclimatenews.org/news/12012016/coal-industry-decline-arch-coal-bankruptcy-federal-land-leases-climate-change">the plant became a battleground</a> <span class="print-footnote">[1]</span> over the state's long-term energy future. Coal formed the center of the controversy.

"This is probably the landmark case for New Mexico," <a href="http://www.nmprc.state.nm.us/commissioners/karen-montoya/">Commissioner Karen Montoya</a> <span class="print-footnote">[2]</span> of the <a href="http://www.nmprc.state.nm.us/">New Mexico Public Regulatory Commission</a> <span class="print-footnote">[3]</span>

told InsideClimate News last spring. "It could determine generation in

New Mexico for years to come." Montoya was part of the majority of

commissioners who voted 4-1 for the deal on Dec. 16.

But even with a deal in hand, that future remains far from

resolved—and New Mexicans remain divided over how long the state should

rely on coal. After an extraordinarily long review, state regulators

essentially punted the major question: whether to shut down the plant

for good and bring far more renewables online. The issue will not be

taken up again until 2018.</p><div class="media media-element-container media-image_left_medium"><figure id="file-266992" class="file file-image file-image-png">

    [map]<br /><span class="print-footnote" />  </div>

</figure>

</div>

<p>The Sante Fe-based grassroots environmental group New Energy Economy

recently appealed the decision to the state's Supreme Court. The San

Juan plant is a "toxic asset" and keeping it online "is an economic

nightmare," <a href="http://www.newenergyeconomy.org/staff">Mariel Nanasi</a> <span class="print-footnote">[5]</span>, president of New Energy Economy, said to InsideClimate News.

Since 2010, <a href="http://content.sierraclub.org/coal/victories">about 230 coal plants</a> <span class="print-footnote">[6]</span>

have been retired or slated for retirement, according to the Sierra

Club's Beyond Coal campaign. They have been hit with the double-punch of

recent federal coal pollution regulations––including the Clean Power

Plan––and increased competitiveness of natural gas and renewables, such

as wind and solar. New data from the U.S. Department of Energy suggests

2015 was the first year <a href="http://www.reuters.com/article/us-usa-natgas-coal-idUSKCN0UY2LT?feedType=RSS&feedName=environmentNews">natural gas </a> <span class="print-footnote">[7]</span><a href="http://www.reuters.com/article/us-usa-natgas-coal-idUSKCN0UY2LT?feedType=RSS&feedName=environmentNews">surpassed</a> <span class="print-footnote">[7]</span><a href="http://www.reuters.com/article/us-usa-natgas-coal-idUSKCN0UY2LT?feedType=RSS&feedName=environmentNews"> coal</a> <span class="print-footnote">[7]</span> as the nation's top source of electricity.

Most of the shutdowns have been old or small coal plants. As the coal

market continues to nosedive, however, operators of large and

middle-aged plants, such as San Juan, which is more than 30 years old,

have contemplated partial or full retirement.

In 2012, the U.S. Environmental Protection Agency told San Juan's

owners to reduce the plant's toxic air emissions. At the time, the plant

was among the most polluting power sources in the nation. To bring the

plant into compliance, the federal regulators and the <a href="https://www.pnm.com/">Public Service Company of New Mexico</a> <span class="print-footnote">[8]</span>

(PNM) agreed to partially shut down the plant. PNM filed for state

approval of this plan and a proposal to replace the lost power in

December 2013.

Under the final agreement reached last month, two of the plant's four

units will be retrofitted with emission-reduction technology, and the

remaining two units will be retired by year's end. Doing so will bring

the plant into compliance with a host of federal air standards,

including the Clean Power Plan, which targets greenhouse gas emissions

from power plants.

For PNM, the replacement power includes a 134-megawatt nuclear power

unit. The utility is also building four solar plants with a combined

capacity of 40 megawatts and a natural gas plant with a capacity of at

least 80 megawatts.

The rejiggering of the plant's ownership is perhaps the most controversial element of the deal.

San Juan's nine original owners are staying on through 2017. After

that, four of the owners are leaving as a way to reduce their investment

in coal. Of the remaining owners, only PNM was willing to increase its

stake in the plant. A PNM subsidiary is also joining as a new owner in

2018.

"The evidence that no utility is investing in coal except PNM, does

that not give you pause?" activist Nanasi said in testimony to the

commissioners the day of the December vote.

Another question is how much this deal will cost utility customers.

PNM says the plan will save customers millions of dollars. But <a href="http://nmprc.state.nm.us/commissioners/valerie-espinoza/index.html">Commissioner Valerie Espinoza,</a> <span class="print-footnote">[9]</span>

who cast the lone vote against the deal, says that ratepayers will lose

out. She explained that PNM has filed a separate regulatory case, which

aims to bump rates by more than 16 percent.

Environmental consultants from the Cambridge-based <a href="http://www.synapse-energy.com/">Synapse Energy Economics, Inc.</a> <span class="print-footnote">[10]</span>,

who were hired by New Energy Economy, found numerous mathematical

errors and flawed assumptions in PNM's cost modeling. These findings

were shared with the commissioners during the hearing process but many

of those issues remain unresolved, Jeremy Fisher, a principal associate

at Synapse, said to InsideClimate News.

New Energy Economy cited the alleged inconsistencies in PNM's

modeling, as well as the fact that PNM is increasing its ownership of

the coal plant, as two factors driving its appeal.

Responding to the appeal filing, PNM spokesman Pahl Shipley wrote

InsideClimate News in an email: "The Commission's order is based on the

facts of this case which were examined and debated in a comprehensive,

open process, and is in the best interest of our customers and the

state.

"It is unfortunate that NEE continues to misrepresent the facts by

stating that the order allows PNM's use of 'more coal,' when in fact the

order provides for a significant reduction in the use of coal, and an

increase in the use of cleaner resources, including solar and natural

gas," Shipley added.

The approved deal "is a vast improvement over what was originally proposed," Chairwoman Montoya <a href="http://www.nmprc.state.nm.us/rssfeedfiles/pressreleases/2015-12-16CommissionersAdoptFinalOrderInSanJuanCaseApprovingPNMsApplicationToAbandonTwoUnits.pdf">said in a statement after the December vote</a> <span class="print-footnote">[11]</span>.

"It protects the public interest and reduces environmental pollution

while minimizing economic impacts and keeping utility bills as low as

possible."

The state attorney general's office, which supported the deal, did not respond to InsideClimate News's request for comment.

Even some environmental groups are questioning NEE's appeal. "One of

the things we realized is PNM was not going to shut down this plant as a

result of the case...they have too much money tied up in that plant,"

Steve Michel, chief counsel for the Clean Energy Program at <a href="http://westernresourceadvocates.org/">Western Resource Advocates</a> <span class="print-footnote">[12]</span>, said to InsideClimate News.

But the compromise deal "provides a definitive path to the future

retirement of the plant" as early as 2022, he explained, when the

contracts for the two remaining units are set to expire, as well as

those for the mine supporting the plant. Those contracts will be

evaluated in 2018, Michel said.

The appeal could drag that long, which "seems pointless to me," said

Michel. "We'll be engaged [with the next regulatory case] by then; in

2018, that's our best opportunity for additional closure of that plant."</p></div>

      </div>

</div>

    <div class="print-footer">© InsideClimate News</div>
    <hr class="print-hr" />
          <div class="print-source_url">
        <strong>Source URL:</strong>

http://insideclimatenews.org/news/27012016/new-mexico-coal-plant-partial-shutdown-san-juan-generating-station-pnm?utm_source=PANTHEON_STRIPPED&utm_campaign=PANTHEON_STRIPPED&utm_medium=PANTHEON_STRIPPED&utm_term=PANTHEON_STRIPPED

      </div>
        <strong>Links</strong><br />[1] http://insideclimatenews.org/news/12012016/coal-industry-decline-arch-coal-bankruptcy-federal-land-leases-climate-change<br />

[2] http://www.nmprc.state.nm.us/commissioners/karen-montoya/

[3] http://www.nmprc.state.nm.us/

[4] http://insideclimatenews.org/sites/default/files/styles/colorbox_full/public/SanJuanPowerStationNM529px.png?itok=pj5PtuEm

[5] http://www.newenergyeconomy.org/staff

[6] http://content.sierraclub.org/coal/victories

[7] http://www.reuters.com/article/us-usa-natgas-coal-idUSKCN0UY2LT?feedType=RSS&feedName=environmentNews

[8] https://www.pnm.com/

[9] http://nmprc.state.nm.us/commissioners/valerie-espinoza/index.html

[10] http://www.synapse-energy.com/

[11]

http://www.nmprc.state.nm.us/rssfeedfiles/pressreleases/2015-12-16CommissionersAdoptFinalOrderInSanJuanCaseApprovingPNMsApplicationToAbandonTwoUnits.pdf

[12] http://westernresourceadvocates.org/<font size="4" face="Times New Roman">==</font>

<p>===

4/15</p>

<p>

<span style=" color: rgb(34, 34, 34); font-family: Georgia, serif; font-size: 18px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 25.2000007629395px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: rgb(255, 255, 255);"><b>Activists in New Mexico are fighting back against a proposal by their utility, PNM, to continue burning</b><span class="Apple-converted-space"><b> </b></span></span><a href="http://ecowatch.com/news/energy-news/coal-mining-pollution/" style=" box-sizing: border-box; margin: 0px; padding: 0px; text-decoration: none; color: rgb(67, 146, 65); transition: color 0.2s linear; -webkit-transition: color 0.2s linear; font-family: Georgia, serif; font-size: 18px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 25.2000007629395px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background: rgb(255, 255, 255);"><b>coal</b></a><span style=" color: rgb(34, 34, 34); font-family: Georgia, serif; font-size: 18px; font-style: normal; font-variant: normal; letter-spacing: normal; line-height: 25.2000007629395px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: rgb(255, 255, 255);"><span class="Apple-converted-space"><b> </b></span><b>at the dirty, expensive San Juan Generating Station</b></span><span style=" color: rgb(34, 34, 34); font-family: Georgia, serif; font-size: 18px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 25.2000007629395px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: rgb(255, 255, 255);"> for years to come. More than 1,300 New Mexico residents have sent petitions to the New Mexico Public Regulation Commission (PRC) urging them to reject PNM’s proposal to extend the utility’s commitment to the coal plant. Sierra Club is supporting their efforts with an aggressive online ad campaign calling on PRC board members to put<span class="Apple-converted-space"> </span></span><a href="http://ecowatch.com/2015/04/08/obama-public-health-week-climate-change/" style=" box-sizing: border-box; margin: 0px; padding: 0px; text-decoration: none; color: rgb(67, 146, 65); transition: color 0.2s linear; -webkit-transition: color 0.2s linear; font-family: Georgia, serif; font-size: 18px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 25.2000007629395px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; background: rgb(255, 255, 255);">public health</a><span style=" color: rgb(34, 34, 34); font-family: Georgia, serif; font-size: 18px; font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; line-height: 25.2000007629395px; orphans: auto; text-align: left; text-indent: 0px; text-transform: none; white-space: normal; widows: 1; word-spacing: 0px; -webkit-text-stroke-width: 0px; display: inline !important; float: none; background-color: rgb(255, 255, 255);"><span class="Apple-converted-space"> </span>and the interests of New Mexico ratepayers first by rejecting the plan.</span></p>

<p>

Recent revelations about the plan to continue burning coal at the San Juan Generating Station have revealed serious financial risks for local ratepayers. Last month Farmington, New Mexico, home of the San Juan Generating Station, announced they were dropping plans to acquire an increased stake in the plant due to the huge costs that would be passed on to the community. The Albuquerque City Council recently adopted a resolution directing the city to withdraw support for PNM’s current proposal. Other New Mexico stakeholders have also pulled away from the agreement to continue PNM’s use of coal at the plant, citing overall uncertainty about San Juan’s operations.</p>

<p>

PNM recently announced that due to an accounting error, the cost estimate for their plan to increase<span class="Apple-converted-space"> </span><a href="http://ecowatch.com/2014/12/03/bail-out-big-coal/" style=" box-sizing: border-box; margin: 0px; padding: 0px; text-decoration: none; color: rgb(67, 146, 65); transition: color 0.2s linear; -webkit-transition: color 0.2s linear; background: transparent;">reliance on dirty coal</a><span class="Apple-converted-space"> </span>and other expensive fuels has jumped by more than $1 billion, with those costs likely to be passed onto local ratepayers. Given PNM’s recently proposed rate hike that would cost the average New Mexico family $10 a month to fund the utility’s plans to continue burning coal, local utility customers are deeply concerned about the financial impact of PNM’s commitment to coal.

<a href="http://ecowatch.com/business/renewables/" style=" box-sizing: border-box; margin: 0px; padding: 0px; text-decoration: none; color: rgb(67, 146, 65); transition: color 0.2s linear; -webkit-transition: color 0.2s linear; background: transparent;">Renewable energy</a><span class="Apple-converted-space"> </span>sources like wind and solar are now<span class="Apple-converted-space"> </span><a href="http://ecowatch.com/2014/10/27/renewable-energy-capacity/" style=" box-sizing: border-box; margin: 0px; padding: 0px; text-decoration: none; color: rgb(67, 146, 65); transition: color 0.2s linear; -webkit-transition: color 0.2s linear; background: transparent;">cost-competitive with coal</a>. Communities impacted by the San Juan Generating Station are questioning why they should bear the financial burden and risk of sticking with coal on top of the devastating health impacts of living near a coal plant.

“There are moral and ethical issues involved in where we get our energy. The direct links to economic justice, care of creation and health of future generations mean that<span class="Apple-converted-space"> </span><a href="http://ecowatch.com/2015/03/28/katharine-jefferts-schori/" style=" box-sizing: border-box; margin: 0px; padding: 0px; text-decoration: none; color: rgb(67, 146, 65); transition: color 0.2s linear; -webkit-transition: color 0.2s linear; background: transparent;">people of faith must pay careful attention to energy issues</a>,” said the Rev. Dr. McNiel, Executive Director of New Mexico Conference of Churches and Advisory Board Member for New Mexico Interfaith Power and Light. “We must move to more renewable energy sources in order to reduce the economic and health consequences of power consumption. Our brothers and sisters who are economically poor and live in the shadows of coal fired power plants suffer the most here in New Mexico and around the world. PNM’s plans to continue burning coal will only continue to threaten them, and that is immoral.”

===

===</p>

<p>

<span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);">defectors:</span>

<b><span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);">In September 2009, </span><a href="http://blogs.wsj.com/environmentalcapital/2009/09/28/out-the-door-exelon-leaves-chamber-of-commerce-over-climate-policy/" target="blank" style=" margin: 0px; padding: 0px; font-size: 12px; outline: none; text-decoration: none; vertical-align: baseline; color: rgb(109, 122, 126); transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; -webkit-transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; font-family: Arial, sans-serif; line-height: 18px; background: rgb(255, 255, 255);">three major energy companies</a><span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);"> – PG&E, PNM and Exelon, the largest electric utility company in the country – </span><a href="http://thinkprogress.org/climate/2009/09/28/174442/exelon-ditches-chamber/" target="blank" style=" margin: 0px; padding: 0px; font-size: 12px; outline: none; text-decoration: none; vertical-align: baseline; color: rgb(109, 122, 126); transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; -webkit-transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; font-family: Arial, sans-serif; line-height: 18px; background: rgb(255, 255, 255);">left the Chamber</a><span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);"> over its opposition to climate change legislation (though Exelon has since made at least one donation to the Chamber). Apple </span><a href="http://chamber.350.org/" target="blank" style=" margin: 0px; padding: 0px; font-size: 12px; outline: none; text-decoration: none; vertical-align: baseline; color: rgb(109, 122, 126); transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; -webkit-transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; font-family: Arial, sans-serif; line-height: 18px; background: rgb(255, 255, 255);">also left over climate change</a><span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);">; “Apple supports regulating greenhouse gas emissions, and it’s frustrating to find the Chamber at odds with us in that effort,” Apple said in a statement. </span><a href="http://thinkprogress.org/politics/2009/09/30/62203/nike-chamber/" target="blank" style=" margin: 0px; padding: 0px; font-size: 12px; outline: none; text-decoration: none; vertical-align: baseline; color: rgb(109, 122, 126); transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; -webkit-transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; font-family: Arial, sans-serif; line-height: 18px; background: rgb(255, 255, 255);">Nike left</a></b><span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);"><b> the Chamber’s board of directors</b><span class="Apple-converted-space"> </span>the same month, prompting the New York Times editorial board </span><a href="http://www.nytimes.com/2009/09/30/opinion/30wed3.html?r=0" target="blank" style=" margin: 0px; padding: 0px; font-size: 12px; outline: none; text-decoration: none; vertical-align: baseline; color: rgb(109, 122, 126); transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; -webkit-transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; font-family: Arial, sans-serif; line-height: 18px; background: rgb(255, 255, 255);">to write</a><span style=" color: rgb(76, 76, 76); font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);">, “The United States Chamber of Commerce’s web site says the group supports ‘a comprehensive legislative solution’ to global warming. Yet no organization in this country has done more to undermine such legislation.”   In<b>July 2013, Skanska USA, an arm of Swedish construction giant Skanska, left the U.S. Chamber, </b></span><a href="http://blog.usa.skanska.com/why-skanska-dropped-its-membership-in-the-u-s-chamber-of-commerce-to-protest-proposed-changes-to-leed-in-government-buildings/" target="_blank" style=" margin: 0px; padding: 0px; font-size: 12px; outline: none; text-decoration: none; vertical-align: baseline; color: rgb(109, 122, 126); transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; -webkit-transition: background-color 0.2s ease, border 0.2s ease, color 0.2s ease, opacity 0.2s ease-in-out; font-family: Arial, sans-serif; line-height: 18px; background: rgb(255, 255, 255);"><b>saying</b></a><span style=" font-family: Arial, sans-serif; font-size: 12px; line-height: 18px; background-color: rgb(255, 255, 255);"><b style=" color: rgb(76, 76, 76);">, “Sustainability is one of Skanska’s core values.<span class="Apple-converted-space"> </span></b><font color="#4c4c4c">And we will not be a part of an organization that supports the American High-Performance Building Coalition (AHPBC), which harbors the American Chemistry Council and opposes the implementation of a new, stronger</font><b><font color="#ff0000"><span class="Apple-converted-space"> </span>LEED<span class="Apple-converted-space"> </span></font></b><font color="#4c4c4c">certification program (LEEDv4).” Leadership in Energy and Environmental Design (LEED) standards are the worldwide gold standard for sustainable building, but chemical companies at the U.S. Chamber pushed it to oppose strengthening the program. </font></span>

==</p>

<div>

<p style=" margin: 0.4em 0px 0.5em; line-height: 1.5em;"><b>PNM Resources</b> (<a href="http://en.wikipedia.org/wiki/New_York_Stock_Exchange" title="New York Stock Exchange" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">NYSE</a>: <a rel="nofollow" class="external text" href="http://www.nyse.com/about/listed/lcddata.html?ticker=pnm" style=" text-decoration: none; color: rgb(102, 51, 102); background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">PNM</a>) is an energy holding company based in the <a href="http://en.wikipedia.org/wiki/U.S._state" title="U.S. state" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">U.S. state</a> of <a href="http://en.wikipedia.org/wiki/New_Mexico" title="New Mexico" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">New Mexico</a>. The acronym <b>PNM</b> by itself usually refers to the PNM Resources subsidiary <b>Public Service Company of New Mexico</b>(described below). Headquartered in <a href="http://en.wikipedia.org/wiki/Albuquerque" title="Albuquerque" class="mw-redirect" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Albuquerque</a>, PNM Resources has approximately 2,530 megawatts of generation capacity and serves electricity to 735,000 homes and businesses in New Mexico and <a href="http://en.wikipedia.org/wiki/Texas" title="Texas" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Texas</a>.</p>

<h2 style=" background-image: none; margin: 0px 0px 0.6em; overflow: hidden; padding: 0px; border: none; font-size: 12px; display: inline;">Contents</h2>

<li class="toclevel-1 tocsection-1" style=" margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/PNM_Resources#Primary_holdings" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;"><span class="tocnumber">1</span> <span class="toctext">Primary holdings</span></a>

<li class="toclevel-2 tocsection-2" style=" margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/PNM_Resources#Public_Service_Company_of_New_Mexico_.28PNM.29" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;"><span class="tocnumber">1.1</span> <span class="toctext">Public Service Company of New Mexico (PNM)</span></a></li>

<li class="toclevel-2 tocsection-3" style=" margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/PNM_Resources#Texas.E2.80.94New_Mexico_Power_Company" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;"><span class="tocnumber">1.2</span> <span class="toctext">Texas—New Mexico Power Company</span></a></li>

</ul>

</li>

<li class="toclevel-1 tocsection-4" style=" margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/PNM_Resources#Corporate_organization_and_history" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;"><span class="tocnumber">2</span> <span class="toctext">Corporate organization and history</span></a></li>

<li class="toclevel-1 tocsection-5" style=" margin-bottom: 0.1em;"><a href="http://en.wikipedia.org/wiki/PNM_Resources#External_links" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;"><span class="tocnumber">3</span> <span class="toctext">External links</span></a></li>

</ul>

</div>

<h2 style=" background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19.200000762939453px;"><span class="mw-headline" id="Primary_holdings">Primary holdings</span><span class="mw-editsection mw-editsection-expanded" style=" -webkit-user-select: none; font-size: small; margin-left: 1em; vertical-align: baseline; line-height: 1em; display: inline-block; white-space: nowrap; padding-right: 0.25em; unicode-bidi: -webkit-isolate; direction: ltr;"><span class="mw-editsection-bracket" style=" margin-left: -0.25em; margin-right: 0.25em; color: rgb(85, 85, 85);">[</span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&action=edit&section=1" title="Edit section: Primary holdings" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit source</a><span class="mw-editsection-divider" style=" color: rgb(85, 85, 85);"> | </span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&veaction=edit&section=1" title="Edit section: Primary holdings" class="mw-editsection-visualeditor" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit<span class="ve-tabmessage-appendix" style=" font-size: 0.7em; vertical-align: top; line-height: 1.43em; padding-left: 0.5em; background-image: none !important; display: inline !important;">beta</span></a><span class="mw-editsection-bracket" style=" margin-right: -0.25em; margin-left: 0.25em; color: rgb(85, 85, 85);">]</span></span></h2>

<table class="metadata plainlinks ambox mbox-small-left ambox-content" role="presentation" style=" font-size: 11.199999809265137px; margin: 4px 1em 4px 0px; border-width: 1px 1px 1px 10px; border-style: solid; border-color: rgb(170, 170, 170) rgb(170, 170, 170) rgb(170, 170, 170) rgb(242, 133, 0); background-color: rgb(251, 251, 251); width: 238px; border-collapse: collapse; line-height: 1.25em; background-position: initial initial; background-repeat: initial initial;"><tbody><tr><td class="mbox-image" style=" border: none; padding: 2px 0px 2px 0.5em; text-align: center;"><a href="http://en.wikipedia.org/wiki/File:Wiki_letter_w_cropped.svg" class="image" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none !important; padding: 0px !important; background-position: initial initial !important; background-repeat: initial initial !important;"><img src="/160ce45d-d28d-5b6d-a7f0-191386f2edd9.png"/></a></td><td class="mbox-text" style=" border: none; padding: 0.25em 0.5em; width: 190.35000610351563px;"><span class="mbox-text-span">This section requires <a class="external text" href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&action=edit" style=" text-decoration: none; color: rgb(102, 51, 102); background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-top: 0px !important; padding-right: 13px; padding-bottom: 0px !important; padding-left: 0px !important; background-position: 0% 0%; background-repeat: no-repeat no-repeat;">expansion</a> with: more info on each subheader.<small><i>(January 2011)</i></small></span></td></tr></tbody></table>

<h3 style=" background-image: none; margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; font-size: 16.799999237060547px;"><span class="mw-headline" id="Public_Service_Company_of_New_Mexico_.28PNM.29">Public Service Company of New Mexico (PNM)</span><span class="mw-editsection mw-editsection-expanded" style=" -webkit-user-select: none; font-size: small; font-weight: normal; margin-left: 1em; vertical-align: baseline; line-height: 1em; display: inline-block; white-space: nowrap; padding-right: 0.25em; unicode-bidi: -webkit-isolate; direction: ltr;"><span class="mw-editsection-bracket" style=" margin-left: -0.25em; margin-right: 0.25em; color: rgb(85, 85, 85);">[</span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&action=edit&section=2" title="Edit section: Public Service Company of New Mexico (PNM)" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit source</a><span class="mw-editsection-divider" style=" color: rgb(85, 85, 85);"> | </span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&veaction=edit&section=2" title="Edit section: Public Service Company of New Mexico (PNM)" class="mw-editsection-visualeditor" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit<span class="ve-tabmessage-appendix" style=" font-size: 0.7em; vertical-align: top; line-height: 1.43em; padding-left: 0.5em; background-image: none !important; display: inline !important;">beta</span></a><span class="mw-editsection-bracket" style=" margin-right: -0.25em; margin-left: 0.25em; color: rgb(85, 85, 85);">]</span></span></h3>

<p style=" margin: 0.4em 0px 0.5em; line-height: 1.5em;">Public Service Company of New Mexico is a corporation that is wholly owned by PNM Resources. In marketing material it is usually called <b>PNM</b>.

Headquartered in <a href="http://en.wikipedia.org/wiki/Albuquerque" title="Albuquerque" class="mw-redirect" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Albuquerque</a>, it provides electricity to 413,000 customers in the <a href="http://en.wikipedia.org/wiki/Urbanized" title="Urbanized" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">urbanized</a> or semi-urbanized areas in the northern half of the state. Elsewhere, <a href="http://en.wikipedia.org/wiki/Rural_electric_cooperative" title="Rural electric cooperative" class="mw-redirect" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">rural electric cooperatives</a> provide much of the power. . PNM maintains approximately 2,000 miles (3,200 km), 2,282 miles (3,673 km) of electric transmission lines, and 7,594 electric distribution lines. PNM is a significant owner of the San Juan generation facility, a coal-fired plant located near Farmington, New Mexico, and a 10% owner in the Palo Verde Nuclear Generating Facility near Phoenix, AZ. PNM also owns and operates several natural gas-fired plants throughout the state of New Mexico including Reeves Generating Station in Albuquerque, most of which are used to meet additional demand for electricity in the summer months. PNM employs approximately 2,000 people and has been noted as one of the top companies in the United States for minorities to work for.</p>

<h3 style=" background-image: none; margin: 0px 0px 0.3em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-style: none; font-size: 16.799999237060547px;"><span class="mw-headline" id="Texas.E2.80.94New_Mexico_Power_Company">Texas—New Mexico Power Company</span><span class="mw-editsection mw-editsection-expanded" style=" -webkit-user-select: none; font-size: small; font-weight: normal; margin-left: 1em; vertical-align: baseline; line-height: 1em; display: inline-block; white-space: nowrap; padding-right: 0.25em; unicode-bidi: -webkit-isolate; direction: ltr;"><span class="mw-editsection-bracket" style=" margin-left: -0.25em; margin-right: 0.25em; color: rgb(85, 85, 85);">[</span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&action=edit&section=3" title="Edit section: Texas—New Mexico Power Company" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit source</a><span class="mw-editsection-divider" style=" color: rgb(85, 85, 85);"> | </span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&veaction=edit&section=3" title="Edit section: Texas—New Mexico Power Company" class="mw-editsection-visualeditor" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit<span class="ve-tabmessage-appendix" style=" font-size: 0.7em; vertical-align: top; line-height: 1.43em; padding-left: 0.5em; background-image: none !important; display: inline !important;">beta</span></a><span class="mw-editsection-bracket" style=" margin-right: -0.25em; margin-left: 0.25em; color: rgb(85, 85, 85);">]</span></span></h3>

<p style=" margin: 0.4em 0px 0.5em; line-height: 1.5em;">Texas—New Mexico Power is a corporation that is wholly owned by PNM Resources. It is a regulated electric utility operating in Texas.</p>

<h2 style=" background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19.200000762939453px;"><span class="mw-headline" id="Corporate_organization_and_history">Corporate organization and history</span><span class="mw-editsection mw-editsection-expanded" style=" -webkit-user-select: none; font-size: small; margin-left: 1em; vertical-align: baseline; line-height: 1em; display: inline-block; white-space: nowrap; padding-right: 0.25em; unicode-bidi: -webkit-isolate; direction: ltr;"><span class="mw-editsection-bracket" style=" margin-left: -0.25em; margin-right: 0.25em; color: rgb(85, 85, 85);">[</span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&action=edit&section=4" title="Edit section: Corporate organization and history" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit source</a><span class="mw-editsection-divider" style=" color: rgb(85, 85, 85);"> | </span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&veaction=edit&section=4" title="Edit section: Corporate organization and history" class="mw-editsection-visualeditor" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit<span class="ve-tabmessage-appendix" style=" font-size: 0.7em; vertical-align: top; line-height: 1.43em; padding-left: 0.5em; background-image: none !important; display: inline !important;">beta</span></a><span class="mw-editsection-bracket" style=" margin-right: -0.25em; margin-left: 0.25em; color: rgb(85, 85, 85);">]</span></span></h2>

<p style=" margin: 0.4em 0px 0.5em; line-height: 1.5em;">PNM was originally founded in 1917 as the Albuquerque Gas and Electric Company. PNM sold the gas part of the business to Southern Union Gas Company of Dallas in 1949. These sold portions became the Gas Company of New Mexico. In 1985, however, PNM reacquired the Gas Company of New Mexico after Southern Union Gas Company reached a settlement stemming from federal anti-trust litigation. In 1994, both electric and gas operations began serving customers as PNM.

In May,2003, PNM Resources' utility subsidiary PNM was recognized by the American Wind Energy Association's Utility Leadership Award for PNM's role in creation of the New Mexico Wind Energy Center. The award was presentedat the National Wind Energy Conference in Austin, Texas.ref><span class="citation web" style=" word-wrap: break-word;"><a rel="nofollow" class="external text" href="http://www.thefreelibrary.com/PNM+Honored+for+Role+in+Wind+Energy+Project.-a0102119099" style=" text-decoration: none; color: rgb(102, 51, 102); background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">"PNM Honored for Role in Wind Energy Project"</a>.</span></p>

<h2 style=" background-image: none; font-weight: normal; margin: 0px 0px 0.6em; overflow: hidden; padding-top: 0.5em; padding-bottom: 0.17em; border-bottom-width: 1px; border-bottom-style: solid; border-bottom-color: rgb(170, 170, 170); font-size: 19.200000762939453px;"><span class="mw-headline" id="External_links">External links</span><span class="mw-editsection mw-editsection-expanded" style=" -webkit-user-select: none; font-size: small; margin-left: 1em; vertical-align: baseline; line-height: 1em; display: inline-block; white-space: nowrap; padding-right: 0.25em; unicode-bidi: -webkit-isolate; direction: ltr;"><span class="mw-editsection-bracket" style=" margin-left: -0.25em; margin-right: 0.25em; color: rgb(85, 85, 85);">[</span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&action=edit&section=5" title="Edit section: External links" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit source</a><span class="mw-editsection-divider" style=" color: rgb(85, 85, 85);"> | </span><a href="http://en.wikipedia.org/w/index.php?title=PNM_Resources&veaction=edit&section=5" title="Edit section: External links" class="mw-editsection-visualeditor" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">edit<span class="ve-tabmessage-appendix" style=" font-size: 0.7em; vertical-align: top; line-height: 1.43em; padding-left: 0.5em; background-image: none !important; display: inline !important;">beta</span></a><span class="mw-editsection-bracket" style=" margin-right: -0.25em; margin-left: 0.25em; color: rgb(85, 85, 85);">]</span></span></h2>

<li style=" margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.pnmresources.com/" style=" text-decoration: none; color: rgb(102, 51, 102); background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">PNM Resources official website</a></li>

<li style=" margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.pnm.com/" style=" text-decoration: none; color: rgb(102, 51, 102); background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">Public Service Company of New Mexico official website</a></li>

<li style=" margin-bottom: 0.1em;"><a rel="nofollow" class="external text" href="http://www.texaselectricityratings.com/review/index2.php?item_id=12" style=" text-decoration: none; color: rgb(102, 51, 102); background-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAoAAAAKCAYAAACNMs+9AAAAVklEQVR4Xn3PgQkAMQhDUXfqTu7kTtkpd5RA8AInfArtQ2iRXFWT2QedAfttj2FsPIOE1eCOlEuoWWjgzYaB/IkeGOrxXhqB+uA9Bfcm0lAZuh+YIeAD+cAqSz4kCMUAAAAASUVORK5CYII=); padding-right: 13px; background-position: 100% 50%; background-repeat: no-repeat no-repeat;">Customer Reviews for First Choice Power</a></li>

</ul>

</div>

<div id="mw-normal-catlinks" class="mw-normal-catlinks"><a href="http://en.wikipedia.org/wiki/Help:Category" title="Help:Category" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Categories</a>: 

<li style=" margin: 0.125em 0px; display: inline-block; line-height: 1.25em; border-left-style: none; padding: 0px 0.5em 0px 0.25em; zoom: 1;"><a href="http://en.wikipedia.org/wiki/Category:Companies_listed_on_the_New_York_Stock_Exchange" title="Category:Companies listed on the New York Stock Exchange" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Companies listed on the New York Stock Exchange</a></li>

<li style=" margin: 0.125em 0px; display: inline-block; line-height: 1.25em; border-left-width: 1px; border-left-style: solid; border-left-color: rgb(170, 170, 170); padding: 0px 0.5em; zoom: 1;"><a href="http://en.wikipedia.org/wiki/Category:Power_companies_of_the_United_States" title="Category:Power companies of the United States" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Power companies of the United States</a></li>

<li style=" margin: 0.125em 0px; display: inline-block; line-height: 1.25em; border-left-width: 1px; border-left-style: solid; border-left-color: rgb(170, 170, 170); padding: 0px 0.5em; zoom: 1;"><a href="http://en.wikipedia.org/wiki/Category:Natural_gas_companies_of_the_United_States" title="Category:Natural gas companies of the United States" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Natural gas companies of the United States</a></li>

<li style=" margin: 0.125em 0px; display: inline-block; line-height: 1.25em; border-left-width: 1px; border-left-style: solid; border-left-color: rgb(170, 170, 170); padding: 0px 0.5em; zoom: 1;"><a href="http://en.wikipedia.org/wiki/Category:Companies_based_in_Albuquerque,_New_Mexico" title="Category:Companies based in Albuquerque, New Mexico" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Companies based in Albuquerque, New Mexico</a></li>

<li style=" margin: 0.125em 0px; display: inline-block; line-height: 1.25em; border-left-width: 1px; border-left-style: solid; border-left-color: rgb(170, 170, 170); padding: 0px 0.5em; zoom: 1;"><a href="http://en.wikipedia.org/wiki/Category:Nuclear_power_companies_of_the_United_States" title="Category:Nuclear power companies of the United States" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; background-position: initial initial; background-repeat: initial initial;">Nuclear power companies of the United States</a></li>

</ul>

</div>

<div>===

<div>

<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/U.S._Chamber_of_Commerce" title="U.S. Chamber of Commerce" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">U.S. Chamber of Commerce</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">:The U.S. Chamber first began to coordinate massive Republican <span class="searchmatch" style=" font-weight: bold;">resources</span> when its general counsel, Steven Law, met with Ed Gillespie, Republican pol ...imate change regulations. Energy companies [[Exelon]], [[PG&E]], and [[<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>]] all announced in September 2009 that they were quitting the Chamber. <ref /></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">58 KB (8,233 words) - 19:18, 21 June 2013</div>

</li></ul></div>

<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Electric_Power_Research_Institute" title="Electric Power Research Institute" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Electric Power Research Institute</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">*[[Jeffry E. Sterba]], Chairman <span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>, Inc. *[[Robert W. Fri]], Vice Chairman<span class="searchmatch" style=" font-weight: bold;">Resources</span> for the Future</div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">3 KB (367 words) - 01:30, 24 May 2010</div>

</li>

<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Climate_Action_Partnership" title="Climate Action Partnership" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Climate Action Partnership</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...[[Duke Energy]] Corp., [[Caterpillar]], [[PG&E]], the [[FPL Group]], [[<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>]], [[BP]], [[Lehman Brothers]]and [[PEW Center on Global Climate Change]]. Articles and<span class="searchmatch" style=" font-weight: bold;">resources</span></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">5 KB (687 words) - 18:53, 26 May 2010</div>

</li>

<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Bill_Gates" title="Bill Gates" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Bill Gates</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;"> 50% ownership in [[EnergyCo]] with [[<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>]]<ref name="cascade/"> * The company also partnered with utility company [[NRG <span class="searchmatch" style=" font-weight: bold;">Resources</span>]] that operates coal-burning plants nationwide.<ref name="cascade/" /></ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">9 KB (1,321 words) - 15:31, 14 May 2013</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Exelon" title="Exelon" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Exelon</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...is the third energy company to leave the Chamber, after [[PG&E]] and [[<span class="searchmatch" style=" font-weight: bold;">PNMResources</span>]].<ref>[http://blogs.wsj.com/environmentalcapital/2009/09/28/out-the-door-e ...t, "these aging units are no longer efficient enough to compete with newer <span class="searchmatch" style=" font-weight: bold;">resources</span>."<ref>[http://pepei.pennnet.com/display_article/371466/6/ARTCL/none/none/1/</ref></ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">21 KB (2,996 words) - 02:58, 27 April 2011</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Twin_Oaks_Power_Unit_3" title="Twin Oaks Power Unit 3" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Twin Oaks Power Unit 3</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">... EnergyCo.<ref>[http://uk.reuters.com/article/oilRpt/idUKN1317867620070413 <span class="searchmatch" style=" font-weight: bold;">PNM</span>Texas Coal Plant to Go to Bill Gates Venture], ''Reuters UK'', April 13, 20 ...tion.<ref>[http://www.reuters.com/article/email/idUSN1248362320080812 "<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span> drops Texas coal-plant expansion,"] Reuters, August 12, 2008.</ref></ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">3 KB (432 words) - 18:07, 1 June 2010</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Coal_plants_cancelled_in_2008" title="Coal plants cancelled in 2008" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Coal plants cancelled in 2008</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">Related <span class="searchmatch" style=" font-weight: bold;">resources</span> ...2008.<ref>[http://www.reuters.com/article/email/idUSN1248362320080812 "<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span> drops Texas coal-plant expansion,"] Reuters, August 12, 2008.</ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">13 KB (1,908 words) - 19:59, 15 February 2013</div>

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<div class="searchresult" style=" font-size: 12px; width: 38em;">...is the third energy company to leave the Chamber, after [[PG&E]] and [[<span class="searchmatch" style=" font-weight: bold;">PNMResources</span>]].<ref>[http://blogs.wsj.com/environmentalcapital/2009/09/28/out-the-door-e ...ixing the Carbon Problem Without Breaking the Economy”], Presentation to <span class="searchmatch" style=" font-weight: bold;">Resources</span>for the Future Policy Leadership Forum, National Association of Home Builde</ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">13 KB (1,853 words) - 03:01, 27 April 2011</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/New_Mexico_and_coal" title="New Mexico and coal" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">New Mexico and coal</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...oal Production in New Mexico,”] New Mexico Bureau of Geology and Mineral<span class="searchmatch" style=" font-weight: bold;">Resources</span> ...New Mexico’s Coal Industry,”] New Mexico Bureau of Geology and Mineral <span class="searchmatch" style=" font-weight: bold;">Resources</span>{{#evp:youtube|h6opHWXaPgk|Four Corners in the Crosshairs.|left|200}}</div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">21 KB (3,180 words) - 20:53, 10 September 2012</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Coal_and_Native_American_tribal_lands" title="Coal and Native American tribal lands" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Coal and Native American tribal lands</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...leases. However now many tribes prefer autonomous management of their coal<span class="searchmatch" style=" font-weight: bold;">resources</span>, and some have taken legal action against the government to cancel the fede ...situation. Significant poverty often influences the choice to develop coal <span class="searchmatch" style=" font-weight: bold;">resources</span>, yet because of the special relationship the tribes have to the land as sac</div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">34 KB (5,065 words) - 14:49, 5 July 2012</div>

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<div class="searchresult" style=" font-size: 12px; width: 38em;">...116. and 2002<ref name="ALEC Watch 4">Defenders of Wildlife, Natural<span class="searchmatch" style=" font-weight: bold;">Resources</span> Defense Council, "[http://www.alecwatch.org/chapterfour.html Chapter Four: [[<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>]] and [[Exelon]] have also left the Chamber of Commerce over its opposition</ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">12 KB (1,680 words) - 23:46, 23 February 2013</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Four_Corners_Steam_Plant" title="Four Corners Steam Plant" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Four Corners Steam Plant</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...d Texas.<ref>[http://www.<span class="searchmatch" style=" font-weight: bold;">pnm</span>.com/systems/4c.htm Four Corners Power Plant,] <span class="searchmatch" style=" font-weight: bold;">PNM</span>website</ref> The American Lung Association estimates that 16,000 people in <span class="searchmatch" style=" font-weight: bold;">Resources</span></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">11 KB (1,617 words) - 14:25, 3 September 2012</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/San_Juan_Generating_Station" title="San Juan Generating Station" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">San Juan Generating Station</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...ating Station''' is a coal-fired power station owned and operated by [[<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>]] near Waterflow, New Mexico. The plant's operator in April 2011 stated tha *'''Parent Company''': [[<span class="searchmatch" style=" font-weight: bold;">PNM</span> <span class="searchmatch" style=" font-weight: bold;">Resources</span>]]</div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">2 KB (290 words) - 17:03, 6 September 2012</div>

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<div class="mw-search-result-heading"><a href="http://www.sourcewatch.org/index.php/Retrofit_vs._Phase-Out_of_Coal-Fired_Power_Plants" title="Retrofit vs. Phase-Out of Coal-Fired Power Plants" style=" text-decoration: none; color: rgb(11, 0, 128); background-image: none; font-size: 13.600000381469727px; background-position: initial initial; background-repeat: initial initial;">Retrofit vs. Phase-Out of Coal-Fired Power Plants</a></div>

<div class="searchresult" style=" font-size: 12px; width: 38em;">...andoning retrofit plans and instead embracing a full range of clean energy <span class="searchmatch" style=" font-weight: bold;">resources</span>, including wind, photovoltaic and concentrated solar, geothermal, and bioma ... released from coal-fired power plants.<ref>[http://www.epa.gov/Compliance/<span class="searchmatch" style=" font-weight: bold;">resources</span>/cases/civil/caa/coal/ "Coal-Fired Plant Enforcement Initiative,"] U.S. EPA,</ref></div>

<div class="mw-search-result-data" style=" color: green; font-size: 12.800000190734863px;">59 KB (8,737 words) - 14:42, 12 June 2011</div>

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