NJ SEED

NY, NJ Legislatures Approve Commission to Oversee Gateway Tunnel Project

June 21, 2019 | njbiz.com 

The state Legislatures of New York and New Jersey are moving ahead with creating a new commission to oversee the financing and construction of the multibillion-dollar trans-Hudson River tunnel.
New York and New Jersey each have three voting members and split the state’s end of the bill 50/50; Amtrak will have one member on the commission.

NJ SEED  applauds the actions of both states to create a bi-state agency authorized to oversee Gateway the project. We believe this project MUST move forward with all deliberate speed to get the tunnels built before the present ancient and damage tunnels are forced to close causing untold economic damage to the region.

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Murphy: Legislature’s Budget Is Full of ‘Pork and Christmas Trees’

June 24, 2019 | njspotlight.com 

Gov. Phil Murphy characterized the state budget lawmakers sent him (last) Thursday as one larded with “pork and Christmas trees” — a $38.7 billion spending plan without Murphy’s proposed millionaires tax or any other significant revenue raisers which he said fails to set New Jersey on a stable fiscal path.

NJ SEED:  FYI

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Finally, Major Movement on Governor’s Promises for Offshore Wind

June 24, 2019 | njspotlight.com 

Approval for a $1.6B wind farm 15 miles off Atlantic City readies state to become significant participant in the sector

NJ SEED continues to support all reasonable efforts to enhance the production of energy to meet present and future needs for electrical energy.

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What’s In-Store for Energy Storage, a Key Element of NJ’S Clean-Energy Future?

June 20, 2019 | njspotlight.com 

Development of systems that capture and store power will be a necessary but long, complicated and expensive undertaking.

NJ SEED: Traditionally the production and consumption of electricity have been virtually simultaneous events. Having the ability to produce energy at the moment it is needed is essential.  As dependence on solar and wind energy production grows the need to develop storage capacity increases for when those sources are unable to produce at the time it is needed. 

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Murphy Administration’s Energy Master Plan Released Draft Energy Master Plan Maps NJ’s Journey to Clean & Green 2050

June 11, 2019 | njspotlight.com 

Last Monday (6c/10/19) the Murphy administration unveiled its draft Energy Master Plan, a long-awaited roadmap detailing how the state will transition to a clean-energy economy and achieve steep reductions in global-warming pollution within three decades.

Read More  (from NJ Business Magazine)
Read Entire Document 

NJ SEED: The Draft EMP sets forth an ambitious agenda for NJ to transition to “clean energy” by eliminating fossil fuel derived energy by 2050. The plan abandons NJ SEED’s long-held position that calls for a balanced approach to energy supply utilizing a mix of all available energy sources to meet the demands of a healthy and growing economy. It is worth noting that while the Draft EMP is long on rhetoric and goals, it avoids serious discussion of the costs related to transforming the state from fossil fuel dependency to other sources such as wind. As usual, there are those who argue that the draft EMP doesn’t go far enough to eliminate reliance on fossil fuels.

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