Withdraws New Jersey’s participation in Regional Greenhouse Gas Initiative; repeals “Global Warming Response Act” and related sections of Regional.
The bill withdraws New Jersey’s participation in the Regional Greenhouse Gas Initiative (RGGI) and repeals the “Global Warming Response Act” and related sections of the RGGI implementing law. It directs the Commissioner of Environmental Protection to notify RGGI of New Jersey’s withdrawal. The bill also transfers unencumbered funds from the “Global Warming Solutions Fund” to the General Fund for ratepayer relief.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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