S 2772
Authorizes EDA to use moneys in "Global Warming Solutions Fund" to support projects to refurbish or upgrade existing electricity generation facilities.
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Sign in to take action- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill allows the New Jersey Economic Development Authority (EDA) to use funds from the ‘Global Warming Solutions Fund’ to support upgrades and refurbishments of existing electricity generation facilities. Specifically, it aims to modernize, expand, or extend the lifespan of these facilities. The funds can also be used for projects that reduce greenhouse gas emissions or energy demand, such as those utilizing fuel cells or carbon capture technology. The bill also directs funds to support programs focused on low-income energy efficiency, electric vehicle incentives, and local government efforts to reduce emissions.
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Primary sponsor
Cosponsor
Joseph Cryan
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