Christie to pull N.J. out of cap-and-trade energy program

Swede

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Fri May-27-11 01:04 PM
Original message

Christie to pull N.J. out of cap-and-trade energy program

The move was applauded by business leaders who said RGGI, a cap-and-trade program, drives up energy rates because energy producers who are forced to buy credits for the carbon they emit pass that cost along to their customers.

�High energy costs, like taxes, just make New Jersey a tougher state in which to do business,� said Philip Kirschner, president of the New Jersey Business & Industry Association.

Federal environmental regulators on Thursday urged Christie to reconsider his decision. Brendan Gilfillan, a spokesman for the Environmental Protection Agency, said the program helps reduce air pollution, promotes clean energy and creates jobs.

http://www.northjersey.com/news/politics/052611_Christie_to_pull_NJ_out_of_cap-and-trade_energy_program.html

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abelenkpe

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Fri May-27-11 01:10 PM
Response to Original message

1. that's foolish. nt

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Laxman

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Fri May-27-11 01:16 PM
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2. "we can do better on our own"

Really? How would that work Chris? Not to mention the $64 million in RGGI money that was supposed to be invested in alternative energy technology that you raided to help pay for your millionaire's tax cut.

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