Peter Maloney, Utility Dive
New Jersey Gov. Phil Murphy on Monday signed an executive order directing the state to rejoin the Regional Greenhouse Gas Initiative, a cap and trade emissions program that includes nine Northeastern states.
The executive order directs the state’s Department of Environmental Protection and Board of Public Utilities to immediately begin negotiations to determine how to best re-enter the program. The DEP also is charged with creating a framework for allocating RGGI funds.