Both of New Jersey’s major gubernatorial candidates have stated their support for having the state rejoin the Regional Greenhouse Gas Initiative.
But in a story that appeared on New Jersey 101.5 today, the New Jersey Business & Industry Association strongly cautioned that ratepayers would be footing the cost of rejoining the mandatory cap-and-trade program to reduce greenhouse gas emissions for a state that already has one of the cleanest energy sectors in the nation.
“We’ve been able to cut emissions without participating in the program. There’s no need to artificially increase prices for ratepayers when there’s no environmental benefits,” said Sara Bluhm, NJBIA’s vice president for Environment & Energy.
