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Is the clean energy fund suffering from a surplus of cash?
When asked why he robbed banks, Willie Sutton famously replied because that is where the money is.
Perhaps that same rationale applies to New Jersey’s clean energy program, an apparently golden pot of money that legislators and governors raid annually, a ritual repeated for the past four years.
Instead of financing energy efficiency and renewable energy projects, more than $400 million in money collected from gas and electric customers has been used to balance the state budget, a tactic that has come under increasing criticism from clean energy advocates and utility lobbyists. (Johnson, NJ Spotlight)
