> Christie deals Cap & Trade a death blow
Trenton NJ – Governor Christie dealt Cap & Trade a death blow – one that could well signal not just the end of RGGI but the end to any effort to implement a job-destroying Cap & Trade energy tax in America.
At a press conference today at the statehouse in Trenton, Governor Christie announced his decision to use his executive authority to withdraw New Jersey from the ten-state cap and trade or cap and tax scheme.
“RGGI is nothing more than a tax on electricity, a tax on our residents and on businesses with no discernible effect on our environment,” Christie said. “We remain completely committed to the idea that we have a responsibility to make the environment of our state and world better. We’re not going to do it by participating in gimmicky programs that don’t work.
