NMSD News:

SANTA FE — Monday, the Senate Finance Committee failed to advance Senate Bill 4, the Clear Horizons Act, legislation designed to provide a clear pathway for New Mexico’s energy transition while ensuring long-term economic and environmental stability. The bill was tabled on a vote of 6-5.

Senate Pro Tempore Mimi Stewart (D-Albuquerque), sponsor of the bill, issued the following statement: 

“The cost of inaction on climate is devastating. New Mexico’s communities are already reeling from wildfires, drought, and extreme weather, with billions spent in recovery while we fail to invest in prevention and opportunity for our communities. By refusing to pass the Clear Horizons Act, we are turning our backs on the families, workers, and businesses who need certainty and action today—not just empty promises for tomorrow. This failure is a disservice to every New Mexican, now and for generations to come. We must summon the courage to lead, or we will pay a far greater price.”

Both companion bills to the Clear Horizons Act—Senate Bill 48, the Community Benefit Fund, and Senate Bill 83, the Innovation in Government Fund—will next be heard on the Senate Floor and in the Senate Finance Committee, respectively.