The Hydrogen Hub Development Act was tabled on Thursday by a 6-4 vote during its first committee hearing after about six hours of discussion.
The bill, which is backed by Gov. Michelle Lujan Grisham, would create tax incentives for hydrogen projects in New Mexico as well as laying the groundwork for state-authorized hydrogen hubs.
About three quarters of the hundreds of members of the public who spoke at the committee meeting opposed the bill. Opponents called it a hand out to the oil and gas industry and described the bill as “greenwashing” and a “false solution.” They said the state should focus on renewable energy development and expansion. Many of them were concerned about the emissions related to hydrogen produced from fossil fuels as well as the use of water to produce hydrogen through electrolysis.
A pretty good description of my own analysis. Why I oppose this bill. And the White House butt-kissing the same folks on a larger scale.