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ARTICLE · 04 NOVEMBER 2008

Governor Corzine´s Energy Master Plan

Fox Rothschild LLP
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Last week New Jersey Governor Jon Corzine unveiled the state's first comprehensive Energy Master Plan (the Plan) since 1995.

United StatesEnergy and Natural Resources
Steven Goldenberg
Steven Goldenberg
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Last week New Jersey Governor Jon Corzine unveiled the state's first comprehensive Energy Master Plan (the Plan) since 1995. The Plan serves as a blueprint for a multitude of energy initiatives proposed for implementation over the next 12 years. The Plan emphasizes energy and conservation measures that mandate enhanced building and appliance codes and regulations for new and existing buildings. Many of the Plan's proposals, if enacted, undoubtedly will devalue New Jersey's real estate assets and require substantial capital investment to achieve compliance.

Who Should Be Concerned?

  • Owners of existing and planned industrial and commercial properties such as office buildings, warehouses, manufacturing facilities and shopping centers

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