Gov. Chris Christie pulls NJ out of Regional Greenhouse Gas Initiative
In a blow to clean energy advocates throughout the Northeast, Gov. Chris Christie said this morning that the state will pull out of the region’s "gimmicky" cap-and-trade program by the end of the year.
During a Statehouse news conference, Christie acknowledged the effects humans are having on climate change but said the Regional Greenhouse Gas Initiative was doing nothing to solve the problem.
"This program is not effective in reducing greenhouse gases and is unlikely to be in the future," Christie told reporters. "The whole system is not working as it was intended to work. It’s a failure." . . .
Calling it a "gimmicky program" and a "failure" that taxes citizens and businesses, Gov. Chris Christie announced today that New Jersey will pull out of the Regional Greenhouse Gas Initative by the end of the year. . . .