11/5/19-United Airlines Pledges $40 Million To Further Decarbonize Commercial Air Travel

United Airlines Pledges $40 Million To Further Decarbonize Commercial Air Travel

October 25, 2019 | hub.united.com 

United Airlines today further strengthened its reputation as an aviation industry leader in environmental sustainability by committing $40 million toward a new investment vehicle focused on accelerating the development of sustainable aviation fuels and other decarbonization technologies.

NJ SEED commends United Airlines for its continuing commitment to environmental responsibility. United is a major operator at all NJ/NY regional airports especially, for us, at Newark Liberty International Airport.

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11/5/19-NJ Rate Counsel Urges State to Consider Customer Cost of EMP: We Agree

NJ Rate Counsel Urges State to Consider Customer Cost of EMP: We Agree

November 4, 2019 | njspotlight.com 

Rate impacts of New Jersey’s Energy Master Plan are not being seriously considered for families, businesses and industrial electricity customers.
As New Jersey Division of Rate Counsel director Stefanie Brand said, “Modeling being carried out by a state utility board consultant on how to achieve the state’s clean energy goals must include a rate impact analysis for residential, commercial and industrial electricity customers.”
Right now, it doesn’t.

NJ SEED: We also agree! Too often government is motivated to move ahead with flavor-of-the-day ideas without due consideration to the costs constituents would be required to bear. The cautions raised by Michael Butler, Mid-Atlantic Director for Consumer Energy Alliance, are worth noting.

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11/5/19-Survey: Retailers have a positive holiday outlook, will use tech to boost business

Survey: Retailers have a positive holiday outlook, will use tech to boost business

November 1, 2019 | njbiz.com 

This year, the window between Thanksgiving and Christmas for shopping is a mere 26 days–the shortest possible window.
Because of that, 27.7 percent of retailers surveyed in Levin Management Co.’s eighth annual Pre-Holiday Retail Sentiment Survey expect their peak seasonal sales to come prior to Thanksgiving, and 28.5 percent expect peak sales during Black Friday weekend.

NJ SEED sees the survey results as an encouraging indicator that consumer confidence is still very strong and that bodes well for a continuing healthy economy.

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11/5/19-Could Newark’s Lead Problems Affect Investment, Development in Resurgent City?

Could Newark’s Lead Problems Affect Investment, Development in Resurgent City?

November 1, 2019 | njspotlight.com 

Health concerns are paramount. As those are being addressed, business interests seem to be weathering the storm.
Beyond the health concerns that are paramount, it has been a prevailing question since the problem with Newark’s lead service lines emerged: How much would the outcry and the headlines harm the city’s carefully cultivated revival efforts? Would they scare off investors, current and prospective? Would new developments stall, new tenants hedge?

NJ SEED:  Newark’s water line crises has depressed some of the enthusiasm associated with the city’s attempt at a resurgence. When compared to doing business in Manhattan, Newark still comes out ahead.

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10/30/19-How Best to Bring Offshore Wind Power to New Jersey

How Best to Bring Offshore Wind Power to New Jersey

October 25, 2019 | njspotlight.com

With New Jersey poised to build enough offshore wind capacity to provide power to up to 2 million households annually, the state is now looking for the best way to bring all that electricity to the homes and businesses that need it.

NJ SEED: Delivery of offshore wind generated power is the most essential component of the entire program. It is certainly timely that BPU turn serious attention to delivery mechanisms.

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