Five-Year Environmental Goals

ENVIRONMENTAL POLICY Sustainability Environmental sustainability Environmental leadership Community Responsibility for continuous performance improvement

Having an environmental policy is important and helps define our company's philosophy, but it is also important to have concrete goals to insure positive results for the environment. That's why we have committed to meeting four specific environmental goals by 2009:

Water

Our current generation portfolio will use 15 to 20 percent less fresh water per megawatt hour than it did in 2002. If new generating plants are added to PNM's portfolio, either the new plant's per-megawatt hour fresh water usage will be at least 20 percent lower than the 2002 portfolio average, or fresh water usage elsewhere in the generation portfolio will be reduced to provide an offset and achieve the same portfolio-wide per-megawatt hour fresh water usage reduction.

Air

Compared to 2002, we will emit 15 percent less nitrogen oxide per megawatt hour, 15 percent less sulfur dioxide per megawatt hour, 7.5 percent less particulates and 7 percent less carbon dioxide or equivalents.

Renewables

We will become known, through our actions, as a national utility leader in the promotion and provision of renewable resources.

Waste

We will define waste streams generated by our company and implement plans to reduce waste by 15 percent.