Emission Reduction Innovation Act authorizes gas public utilities to develop and implement plans to reduce greenhouse gas emissions.

The Emission Reduction Innovation Act authorizes gas public utilities to develop and implement plans to reduce greenhouse gas emissions. These plans, known as utility innovation plans, must be submitted to the Board of Public Utilities (BPU) for approval. The plans must include details such as the innovative resources to be implemented, the estimated lifecycle greenhouse gas reductions, and the cost-effectiveness of the proposed resources. The BPU must review the plans to ensure they promote the use of renewable energy resources, reduce greenhouse gas emissions, and are cost-effective.

Emission Reduction Innovation Act authorizes gas public utilities to develop and implement plans to reduce greenhouse gas emissions.

The Emission Reduction Innovation Act authorizes gas public utilities to develop and implement plans to reduce greenhouse gas emissions. These plans, known as utility innovation plans, must be submitted to the Board of Public Utilities (BPU) for approval. The plans must include details such as the innovative resources to be implemented, the estimated lifecycle greenhouse gas reductions, and the cost-effectiveness of the proposed resources. The BPU must review the plans to ensure they promote the use of renewable energy resources, reduce greenhouse gas emissions, and are cost-effective.