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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 […]
The New Jersey Business & Industry Association is seeking amendments to better protect commercial and industrial ratepayers when a joint legislative committee meets on Wednesday to consider a bill that would require the Board of Public Utilities to develop regulations for nuclear power plants delivering electricity in New Jersey. The Assembly Telecommunications & Utilities Committee […]
New Jersey’s next governor will find a state better able to withstand a natural disaster, better prepared to meet new threats like cybersecurity, and well-equipped to be a leader in solar energy and offshore wind power. That’s according to Richard Mroz, president of the NJ Board of Public Utilities (BPU), who addressed a joint NJBIA-NJ […]
South Jersey Industries (SJI) announced today the acquisition of Elizabethtown Gas and Maryland-based Elkton Gas, a deal which would make SJI the second largest natural gas provider in New Jersey with service to more than 675,000 customers. The $1.7 billion transaction will require approval by state regulators in New Jersey and Maryland, along with limited […]