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ARTICLE · 23 NOVEMBER 2013

Clean Energy Fund Could Be Going Under The Knife – Again

Fox Rothschild LLP
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New Jersey is again looking at shaving money from a fund targeted at developing new and more efficient power plants, a priority the Christie administration once espoused in its Energy Master Plan.

United StatesEnergy and Natural Resources

Steven Goldenberg was quoted in the NJ Spotlight article, "Clean Energy Fund Could Be Going Under the Knife – Again." While the full text can be found in the November 12, 2013, issue of NJ Spotlight, a synopsis is noted below.

New Jersey is again looking at shaving money from a fund targeted at developing new and more efficient power plants, a priority the Christie administration once espoused in its Energy Master Plan.

In the most recent revision to the 2014 budget for clean energy programs, the staff of state Board of Public Utilities is contemplating reducing funding for combined heat power (CHP) and fuel-cell projects from $95.6 million to $33.2 million, according to a new budget unveiled last week by a consultant to the agency.

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