June 8, 2011
Policy & Regulatory Briefing: NJ Target Cut, China Subsidy, Methane MOU
New Jersey governor Chris Christie yesterday announced plans to scale back the state’s targets under its renewable portfolio standard, the New York Times reports. Christie wants to revise the amount of electricity that has to be derived from renewable sources by 2021, from 30 percent down to 22.5 percent.
The changes are part of an overhaul of the state’s 10-year energy master plan, which the Times said had been expected since Christie asked the New Jersey Board of Public Utilities to re-evaluate the goals last….
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