Where We Work
New Mexico
Clean Transportation Fuel Program (CTFP)
New Mexico is the newest clean-fuel market in North America — live since April 1, 2026. Early movers can lock in pathways and start generating credits from the very first compliance period. FuSE is registering operators now.
Agency
NMED
Target
20% by 2030, 30% by 2040
Reporting
Quarterly
Credit unit
1 credit = 1 MT CO₂e
At a glance
2026
Live since April 1
20%
CI reduction by 2030 (vs 2018)
Apr 2026–Dec 2027
First compliance period
4th
U.S. state with a clean-fuel standard
Credit prices are volatile market data — see current pricing.
How the program works
The mechanics of Clean Transportation Fuel Program (CTFP)
A technology-neutral CI standard
NMED sets a clean-fuel standard that lowers the allowed carbon intensity over time; fuels below the benchmark earn credits, those above incur deficits.
Electricity qualifies
EV charging and electrified assets generate credits, and RECs may be used to offset electricity carbon intensity.
Early-mover pathways
For the first compliance period, NMED accepts temporary and reciprocity pathways already approved in West Coast programs, so multi-state operators can start quickly.
Reinvestment rule
Participating utilities' net program revenue must support transportation decarbonization, with at least half benefiting low-income and underserved communities.
Eligible assets
Electrification categories that qualify
Every category below is credit-eligible under New Mexico's program. FuSE handles registration, reporting, verification, and monetization for each.
EV charging
Public, workplace, and depot charging registered for credit generation.
Commercial EV fleets
On-road electric fleets operating in or through New Mexico.
Passenger EV charging
Light-duty fleet and public charging aggregated for credits.
Forklifts & off-road
Electric forklifts and industrial equipment.
Transit & public fleets
Battery-electric transit and municipal fleets.
Cargo-handling equipment
Electric yard tractors and off-road equipment.
Hydrogen fuelling
Hydrogen dispensed to fuel-cell vehicles.
Regulatory status
What's new in New Mexico
Program live (April 1, 2026)
Rules were adopted by the Environmental Improvement Board in January 2026; the first compliance period runs through December 2027.
NM-GREET model finalizing
The state's carbon-intensity model and registration portal are being finalized; FuSE coordinates temporary pathway approvals in the interim.
Register early
Existing market participants must register within 45 days of being covered; FuSE handles registration and first-period pathway strategy so you don't leave credits on the table.
Our services in New Mexico
How FuSE helps here
CFS Program Management
Registration with NMED, quarterly reporting, verification, and credit sales from day one of the program.
Learn More
First-period pathway strategy
We secure temporary and reciprocity pathways so your assets generate credits from the opening compliance period.
IRA Tax Credit Support
EV and EVSE federal tax credit eligibility, documentation, and coordination with your tax advisor.
Learn More
REC Origination
Originate and sell Renewable Energy Certificates from renewable charging alongside your CTFP credits.
Learn More
Get started
Be an early mover in New Mexico's new market.
See the platform, review pricing, and get a personalized credit projection for your fleet or charging sites in New Mexico.