DIRECT AIR CAPTURE TECHNOLOGY

HJM 4 is a Joint Memorial requesting the New Mexico Institute of Mining and Technology to study direct air capture (DAC) technology's benefits, costs, and potential for industry development in New Mexico. The study would evaluate how to facilitate DAC through statutory and regulatory changes, focusing on economic opportunities like job creation and climate action. It does not create new law but asks the institute to report recommendations to the legislature by 2026. This procedural request aims to support DAC development using New Mexico's geologic and resource advantages.