A 3903
Establishes Climate Change Mitigation and Resilience Financing Program in NJ Infrastructure Bank; imposes per-kilowatt hour charge on electric energy consumption to finance climate change mitigation and resilience projects.
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- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill establishes the Climate Change Mitigation and Resilience Financing Program within the NJ Infrastructure Bank. It proposes a per-kilowatt hour charge on electric energy consumption to fund projects aimed at reducing greenhouse gas emissions and protecting New Jersey from the effects of climate change. The program will focus on projects like renewable energy, energy efficiency, and infrastructure improvements to address issues such as sea-level rise and stormwater runoff.
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Primary sponsors
Cosponsor
Michael Venezia
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