There have been two recent items in the media that affect New Mexicos financial bottom line: (a) lower royalties from private sector fossil fuel producers; and (b) the stalled Space Port facility as a revenue generator for the state. Another key factor in New Mexicos economic development is the feasible capability of our state competing with other states for job creation by landing new companies to locate in New Mexico. Feasible capability in this regard has to do with the practical assets in New Mexico that are available to compete versus the feasible capability of other states. The Tesla case study is a good example for understanding a comparison of our states feasible capacities versus those of other states. My initial analysis of these three factors leads to a reasonable assumption that it would be astute for our state officials to start a serious discussion of the pros and cons of developing nuclear energy. I base this suggestion on the notion that New Mexico has all of the feasible capacity needed to build nuclear power plants. Secondly, there is a proven market that would buy New Mexicos nuclear power for their growing electricity needs; this market includes cities like Los Angeles, San Diego, Phoenix, Tuscon and El Paso. Third, the development of nuclear energy in New Mexico would create good paying jobs both during the construction of the nuclear power plant as well as its on-going operations. Should New Mexico state officials see the wisdom of raising the discussion of the possibility of building a nuclear power plant to a public policy level (e.g., an action step in this regard could be the formation of a blue-chip Task Force of New Mexicos experts in energy development as a revenue generator); -- Then the people of New Mexico would have a credible basis to make informed decisions of the pros and cons of nuclear energy and its potential as a revenue generator and as a job creator.
Posted on: Mon, 08 Dec 2014 10:44:45 +0000
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