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business30m ago
NJBIA Launches 'Rethink RGGI' Campaign to Lower NJ Energy Costs & Improve Environment - Insider NJ
- NJBIA launches a 'Rethink RGGI' campaign to lower New Jersey energy costs and improve the environment.
- Campaign proposes suspending RGGI participation and applying a flat $7 per ton fee on generators.
- Officials cite potential consumer savings and CO2 reductions starting in 2027, per a Tabors, Caramanis, and Rudkevich study.
- Campaign argues current RGGI costs place NJ at a competitive disadvantage to non-RGGI states.
- Campaign says PHASED changes could be enacted by executive order or legislation.
- NJBIA plans online explainer and a petition to Gov. Mikie Sherrill and state lawmakers.
- Campaign includes advertising and social media posts with #rethinkRGGI.
- The release frames RGGI as a regional price disadvantage impacting New Jersey consumers.
- NJBIA claims NJ gas generators face higher costs than non-RGGI states due to RGGI.
- Campaign cites air quality and state reinvestment dollars as benefits of RGGI changes.
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