E2: Announcements propel NJ “into a position of national leadership in the clean energy transition”
New Brunswick, NJ – Governor Phil Murphy announced new targets and commitments aimed at bolstering New Jersey’s climate adaptation efforts and speeding the state’s transition to 100 percent clean energy. The set of initiatives is a boon for adding good-paying jobs in building decarbonization and other clean energy sectors, a defense against the growing economic costs from climate disasters on New Jersey, and a huge step toward creating a healthier, more resilient, and equitable economy.
Among the new and accelerated targets set are 100 percent of electricity sold in the New Jersey to come from clean energy by 2035, end of sales of new gas-powered vehicles by 2035, and 10 percent of all low-to-moderate income properties electrified by 2030.
The following is a statement from Uchenna Bright, E2 Eastern States Advocate:
“These announcements from Governor Murphy are a refreshing turning point for New Jersey, propelling the state into a position of national leadership in the clean energy transition. Residents across the garden state will reap the benefits of quality job creation and economic benefits that these ambitious plans will produce, as well as the benefits of a cleaner, healthier, safer environment.”
Environmental Entrepreneurs (E2) is a national, nonpartisan group of business leaders, investors, and professionals from every sector of the economy who advocate for smart policies that are good for the economy and good for the environment. Our members have founded or funded more than 2,500 companies, created more than 600,000 jobs, and manage more than $100 billion in venture and private equity capital. For more information, see www.e2.org or follow us on Twitter at @e2org.