MLG continues pumping oil and gas $$ into subsidies for politically-favored energy companies
New Mexico Gov. Michelle Lujan Grisham has been making the national media rounds to tout her misguided and failed economic policies (in hopes of securing her next job with a prospective Harris Administration). Again, no matter what Harris says in the next few months of this campaign, having MLG speak at her convention should cause ANYONE deep concern.
Here is MLG talking to MSNBC’s Morning Joe about her plans to bring “green” jobs to New Mexico. Of course, what she fails to acknowledge is that oil and gas revenues have given the state the money to pursue these misguided policies. Recently, a $942 million Industrial Revenue Bond was approved for her latest great “green” hope Ebon Solar. Like MLG’s other solar fantasy Maxeon, Ebon has seen its share price plummet as it loses money. Here is a detailed article on Maxeon.
New Mexico is the poorest state in the nation. This, despite the aforementioned record-setting oil and gas boom which average New Mexicans (especially those who do not work for or benefit from government programs) have not benefitted from.
Start video at 5 minute mark for MLG’s energy comments.