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Christie Pulls New Jersey From 10-State Climate InitiativeBy MIREYA NAVARRO

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Fri, 27 May 11 2:02 PM | 82 view(s)
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Christie Pulls New Jersey From 10-State Climate Initiative
By MIREYA NAVARRO
Published: May 26, 2011

Gov. Chris Christie said Thursday that New Jersey would become the first state to withdraw from a 10-state trading system, the Regional Greenhouse Gas Initiative, declaring it an ineffective way to reduce carbon dioxide emissions.

Gov. Chris Christie of New Jersey said the regional climate initiative “does nothing more than tax electricity, tax our citizens, tax our businesses, with no discernible or measurable impact upon our environment.”

The decision delighted Republicans who have introduced bills in the New Jersey Legislature to repeal a law authorizing the state’s participation in the program. But it dismayed environmental advocates, who called it a serious blow to the state’s efforts to reduce emissions from power plants and foster a shift from fossil fuels to renewable energy.

Opponents were quick to ascribe political motives to the governor’s decision, given that Mr. Christie is seen as a possible Republican candidate in the 2012 presidential race and conservatives have vilified cap-and-trade programs, which set limits on emissions, as an unjust tax on business. (Mr. Christie insists he is not running.)

for complete:
http://www.nytimes.com/2011/05/27/nyregion/christie-pulls-nj-from-greenhouse-gas-coalition.html?_r=1&hp#




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