Noting New Jersey now has the highest electric rates in the PJM power grid, NJBIA Chief Government Affairs Officer Chrissy Buteas raised concerns at a public hearing today about the impact the state’s offshore wind energy plan will have on ratepayers. “It will likely be these ratepayers who are asked to subsidize a long-term effort […]
BPU Joins National Offshore Wind Research and Development Consortium On June 21, the state of New Jersey announced its intention to join the National Offshore Wind Research and Development Consortium as a board member and public sponsor. The $18.5 million consortium is administered by the New York State Energy Research and Development Authority. BPU Begins […]
Legislators gave final approval to a bill mandating that companies provide paid sick leave, but not before making substantial amendments that will ease the burden on businesses. Among other things, the revised bill permits existing paid-time-off plans to satisfy the measure’s requirements and overrides a dozen or so local existing ordinances so businesses have to […]
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Gov. Phil Murphy today signed an Executive Order requiring that NJ begin the process to re-enter the Regional Greenhouse Gas Initiative (RGGI), a compact of northeast states using a cap-and-trade program to reduce greenhouse gases. The Christie administration withdrew from the regional compact in 2012. Read Governor Murphy’s announcement here. NJBIA opposes New Jersey’s return […]