Giant NJ Budget Again Funnels Money Away From Energy Fund

njspotlightnews.org

Once again, the Legislature and Murphy administration diverted money away from the Clean Energy Fund to pay for other government operations, angering advocates who noted that the raids continued even as the state expects record high tax collections and is flush with billions in unspent federal aid.

The fund, supported by utility customers who pay a surcharge on their monthly bills, is designed to help New Jersey achieve its ambitious climate policy goals and quicken the state’s transition away from fossil fuels to renewable energy.