What does PNM’s leaving chamber mean for CD2 race?

Teague, Harry

Teague, Harry

And what about the position of small refiners who oppose cap-and-trade legislation?

On Friday, Public Service Co. of New Mexico announced that a difference over climate change issues is leading it to let its membership in the U.S. Chamber of Commerce lapse at the end of the year.

“At PNM Resources, we see climate change as the most pressing environmental and economic issue of our time,” PNM spokesman Don Brown said in a statement. “Given that view, and a natural limit on both company time and resources, we have decided that we can be most productive by working with organizations that share our view on the need for thoughtful, reasonable climate change legislation and want to push that agenda forward in Congress.”

Steve Pearce

Steve Pearce

I’ve been thinking about this in the context of last week’s article I wrote about small refiners who helped controversial cap-and-trade legislation narrowly pass the House in June not currently supporting the bill in the Senate.

The GOP was quick to hammer U.S. Rep. Harry Teague, D-N.M., about the position of the small refiners, since he was instrumental in a deal with them that helped the American Clean Energy and Security Act pass the House. Teague has been touting concessions he got added to the bill to help small refiners, and their position against the legislation might hurt him in next year’s election.

So now I’m wondering: How will both of these events affect the 2nd Congressional District race between Teague and former U.S. Rep. Steve Pearce, R-N.M.? Will the position of the small refiners help Pearce? Will PNM’s move help Teague, who’s already been placed on the endangered species list?

Share your thoughts in the comments section at the end of this posting.

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