Monday, June 6, 2011

Governor Pulls NJ Out of Job Killing Cap & Trade

District 24
24th District Legislators applaud Governor Chris Christie’s decision to pull out of RGGI ~ New Jersey’s version of the Job Killing Cap & Trade Energy Tax. “Governor Christie’s decision to repeal the Regional Greenhouse Gas Initiative, or RGGI, eliminates a large burden that will make New Jersey more friendly for businesses and affordable for consumers and homeowners,” said Senator Steve Oroho.

New Jerseys participation in the job killing RGGI was rushed through the lame duck Democrat-controlled Legislature and signed into law by then-Governor Jon Corzine in January 2008. 
The Bill was passed along with a myriad of irresponsible Legislative Bills that continue to raid the pockets of New Jerseys Taxpayers.

The Governors action came after a year-long lobbying efforts of Business Groups that include NJECPAC and New Jersey IEC. Oroho stated. “Today’s announcement is another step in the right direction and will continue to help make New Jersey an attractive place for businesses to locate, grow and create private sector jobs.”  Read More


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