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Governor says rural NM communities will not be left behind in the energy transition
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The Inflation Reduction Act brought a historic level of federal funding for clean energy projects, but the type of projects in New Mexico communities that currently rely on fossil fuels for an economic base do not necessarily come with long-term jobs.
For example, three manufacturing businesses announced they would be opening up plants in New Mexico as a result of the new incentives. These facilities are all located in and around Albuquerque. Meanwhile, wind and solar farms are being built in rural areas including places where fossil fuels have been the dominant economic driver. While these projects bring large numbers of construction jobs, those jobs are temporary.
Manufacturing plants like Maxeon’s pending solar manufacturing center in Albuquerque have the potential to create hundreds or even thousands of long-term jobs with good wages.
Long term jobs with good wages are the types of opportunities that the fossil fuel regions of New Mexico fear may be lost during the transition to clean energy.
Gov. Michelle Lujan Grisham said New Mexico is achieving economic growth at an impressive rate for a state that has not seen a large increase in population. She credits this to efforts her administration has undertaken to lay the foundation, invest in companies, address infrastructure needs, move toward an energy transition, diversify the economy and try new things.