In an address at Rutgers University, New Jersey Governor Phil Murphy announced a series of new and accelerated targets and commitments to combat climate change.
NJ Governor outlined six pillars that will serve as the foundation for a cleaner, greener, and more resilient New Jersey.
- Adoption through Executive Order No. 315 of an accelerated target of 100% clean energy by 2035, defined as 100% of the electricity sold in the State to come from clean sources of electricity by January 1, 2035 through clean energy market mechanisms, paired with support for a Clean Energy Standard in New Jersey
- Adoption through Executive Order No. 316 of a target to install zero-carbon-emission space heating and cooling systems in 400,000 homes and 20,000 commercial properties and make 10% of all low-to-moderate income (LMI) properties electrification-ready by 2030
- Initiation through Executive Order No. 317 of a process in partnership with the state’s hometown utilities, key stakeholders including organized labor, and the New Jersey Board of Public Utilities (BPU) to plan for the Future of the Natural Gas Utility in New Jersey
- Allocation of $70 million in unobligated Regional Greenhouse Gas Initiative (RGGI) auction proceeds toward lowering consumer upfront costs for medium- and heavy-duty EV adoption
- Initiation of the stakeholdering process to adopt Advanced Clean Cars II in New Jersey, which would require all new cars and light-duty truck sales to be zero-emission vehicles (ZEV) by 2035
- Anticipated proposal of the NJ PACT REAL rules in Summer 2023, which will provide enhanced flood protection for homeowners, businesses, and infrastructure against increased flooding in riverine and coastal areas
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