Cap-And-Trade

Will New Jersey's Chris Christie Do the Right Thing On Cap-and-Trade?

By Phil Kerpen

Since RGGI began in 2008, New Jersey’s consumers have paid more than $66 million in higher electric bills to cover the cost of the program. Much of it was likely pocketed by those big Wall Street banks – but the details are being kept secret.

Fortunately, Assemblyman Michael Patrick Carroll and Assemblywoman Alison Littell McHose have introduced A3147 to repeal the Global Warming Response Act of 2007 and withdraw from RGGI.

Governor Christie should support their bill, muscle it through, and be a hero on cap-and-trade.

The rest of the country should watch carefully, because if cap-and-trade can’t be stopped in New Jersey it could be right around the corner in lots of other states. Read More

RGGI "Cap & Trade" Program Puts New Jersey At Economic Disadvantage

AFP New Jersey Blog

... last week the prospects of a federal bill diminished as the Senate shelved their effort to craft the "Cap & Trade" bill. While "Cap & Trade" opponents need to be vigilant -- proponents of "Cap & Trade" in Congress may yet to sneak a program through by merging a different Senate energy bill with the House Waxman-Markey bill or try to ram it through in a lame duck session of Congress -- New Jersey is unnecessarily inflicting damage on the state's economy by continuing its participation in the RGGI program. Read More

Failure of Federal Climate-Change Bill May Leave NJ at Competitive Disadvantage

By Tom Johnson

The collapse of efforts to pass climate change legislation in the U.S. Congress left many clean energy advocates disillusioned, but it was doubly disappointing here in New Jersey where residents and businesses already are footing the bill to reduce greenhouse gas emissions.

With New Jersey embracing cleaner technologies like solar and offshore wind power, some analysts suggested the higher costs reflected by those alternative energy sources are turning up in electric bills. The prospect of even higher utility costs because of national climate control legislation may have doomed the bill in a year with a weak economy and mid-term elections in Congress. Read More

Boehner: 'National Energy Tax Will Destroy More American Jobs'

“President Obama should not exploit this crisis to impose a job-killing national energy tax on struggling families and small businesses. Both parties should be working together to craft responsible solutions in response to this disaster. There’s nothing responsible or reasonable about a job-killing national energy tax that will raise energy costs and destroy more American jobs.Read more