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Governor Christie propses pulling Jersey out of onerous cap and trade program

May 26, 2011 Leave a comment

The governor is proposing pulling out of the voluntary RGGI program, which is a voluntary state cap-and-trade program.

Good riddance.  The program is quickly becoming a cess pool of political corruption (surprise!), meanwhile our state has seen New Jersey companies pick up and leave because of higher energy costs due to the program, among other concerns.

Wasn’t cap-and-trade supposed to be good for businesses?