NM Sustainable Building Tax Credit

The New Mexico Energy, Minerals, and Natural Resource Department issued regulations January 28 reflecting 2013 legislative changes to the sustainable building tax credit. The regulations replaced repealed standards and provide administrative procedures under which the credit will be governed, including the application process, guidelines for eligibility certificates, and credit calculations.

CARB Issues Reporting Fines

The California Air Resources Board levied fines January 27 totaling nearly $1 million against three companies for late or inadequate reporting of their 2011 greenhouse gas emissions. The cases come in the second batch of penalties the board has issued for violating the state’s Mandatory Greenhouse Gas Emissions Reporting regulation. The board fined nine companies a total of $295,000 for similar violates last July.

NY Fracking Action Not Anticipated This Fiscal Year

Testifying before the joint fiscal committees of the New York Legislature on the environmental portion of Governor Andrew Cuomo’s (D) budget January 29, New York State Department of Environmental Conservation Commissioner Joseph Martens said that the agency is not expected to take any action during the 2014-2015 fiscal year to permit fracking or finalize a long-awaited environmental impact statement on fracking within the state.