Governor Phil Murphy today announced plans to develop the New Jersey Wind Port, a first-in-the-nation infrastructure investment that will provide a location for essential staging, assembly, and manufacturing activities related to offshore wind projects on the East Coast. The Wind Port has the potential to create up to 1,500 manufacturing, assembly, and operations jobs, as […]
The Treasury Department and the Internal Revenue Service today issued proposed regulations (PDF) to help businesses understand how legislation passed in 2018 may benefit those claiming carbon capture credits. The proposed regulations provide guidance regarding two new credits for carbon oxide captured using equipment originally placed in service on or after February 9, 2018, allowing up […]
Calling it a celebration of Earth Day, New Jersey Department of Environmental Protection Commissioner Catherine R. McCabe today announced that New Jersey will invest nearly $45 million to reduce greenhouse gases produced by the transportation sector, thanks to funds from the national Volkswagen settlement. As part of the Murphy Administration’s prioritization of initiatives that reduce […]
Last week we told you about the amendments NJBIA Vice President of Government Affairs Ray Cantor was trying to get to legislation mandating recycling of food waste. The Assembly Environment Committee did not adopt them, and the Senate sent the bill directly to the floor without even having a Senate committee hearing. Turns out, the […]
Do you know how your permit will impact climate change? Well, you may have to under Governor Murphy’s new climate initiatives. NJBIA’s government affairs experts, Chrissy Buteas and Ray Cantor, discuss that and more on the latest edition of Take on Trenton.