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New Jersey Is 2024’s State with the Highest Real-Estate Property Taxes

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the staff of the Ridgewood blog

Ridgewood NJ, Each year, the average American household spends $2,869 on real-estate property taxes plus another $448 for residents of the 26 states with vehicle property taxes.

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New Jersey Is the State with the 2nd Worst Unemployment Rate Change

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Trenton NJ, with the U.S. having gained 216,000 jobs in December, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State, along with a WalletHub Q&A.

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Charging at Windmills: New Jersey Not the Only State Seeing Massive Wind Projects Cancelled

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the staff of the Ridgewood blog

Ocean City NJ, President Biden’s Green New Deal faced a significant setback as developers of a large offshore wind project in New York withdrew from a deal with the state. Approximately 30% of current wind projects are at risk of delays or cancellations. Since July, projects in Massachusetts, New Jersey, and Connecticut have been put on hold. The withdrawal of BP and Equinox from the New York project adds to the challenges facing offshore wind initiatives. While there may be attempts to revive the projects, this setback contributes to the offshore wind sector’s recent struggles. Notably, two other major projects, Empire Wind 1 and Beacon Wind, are facing financial difficulties, although they haven’t been officially canceled yet. The much-touted “green energy transition” appears to be encountering significant challenges.

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New Jersey Sees Highest increase in Unemployment Rate in the U.S.

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the staff of the Ridgewood blog

Trenton NJ, New Jersey recorded the most significant rise in the nation’s unemployment rate, as reported by the U.S. Bureau of Labor Statistics on Friday.

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NFIB’s Small Business Optimism Index remains below the 50-year Average for the 23rd Consecutive Month

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the staff of the Ridgewood blog

Ridgewood NJ, NFIB’s Small Business Optimism Index decreased 0.1 point in November to 90.6, which marks the 23rd consecutive month below the 50-year average of 98. Twenty-two percent of owners reported that inflation was their single most important problem in operating their business, unchanged from October but 10 points lower than this time last year.

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Clock Ticking on NJ Transit Budget Deficit

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the staff of the Ridgewood blog

Ridgewood NJ, NJ Transit’s board has approved a $54 million expenditure for outfitting its new headquarters, raising concerns as there is no apparent indication of cost-cutting measures being explored to address an impending budget shortfall. This financial challenge has persisted for eight months since state officials announced a restructuring process.

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Murphy Administration to require all new car sales to be electric by 2035

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the staff of the Ridgewood Blog

Trenton NJ, Governor Phil Murphy and Department of Environmental Protection (DEP) Commissioner Shawn M. LaTourette today announced the filing of the Advanced Clean Cars II rule for adoption on December 18, setting the state on the road toward better air quality and cleaner choices for new car buyers while combatting the worsening climate crisis. New Jersey joins a growing number of states that are requiring vehicle manufacturers to make zero-emission vehicles (ZEVs) an increasing percentage of their new light-duty vehicle sales beginning in model year 2027, ramping up to 100% ZEVs by 2035.

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11 Coastal Groups Welcome Orsted’s Abandonment of Ocean Wind 1 & Ocean Wind 2

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the staff of the Ridgewood blog

Ocean City NJ, a group of 11 grassroots groups representing coastal waters and communities against the industrialization of the Atlantic Ocean through Offshore Wind Turbine development welcome the  announcement by Danish energy conglomerate Orsted that it was abandoning development on its Ocean Wind 1 and Ocean Wind 2 offshore wind projects along the Jersey Shore. The announcement marks an important milestone in the coalition’s ongoing fight against offshore wind industrialization along the East Coast.

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State Senator Kristin M. Corrado, “Bail Reform Simply Isn’t Working”

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the staff of the Ridgewood blog

Trenton NJ, Senator Kristin M. Corrado issued the following statement encouraging lawmakers to return to Trenton to address critical flaws in New Jersey bail reform that are putting Law Enforcement Officers and New Jerseyans’ lives at risk.

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NJ Attorney General’s Assumption of Control of the Paterson Police Comes Under Fire After City Sees it’s 6th Homicide in October

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the staff of the Ridgewood blog

Paterson NJ,  in the city’s sixth homicide in October, a man was fatally shot at about 3 a.m. Sunday morning near the parking lot of the Food Fair supermarket on Market Street, near East 36th Street, authorities said. The outbreak of October killings all in separate shooting incidents, represents Paterson’s worst month for homicides in more than three years.

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WalletHub Study: New Jersey Is the State with the 2nd Worst Unemployment Rate Change

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the staff of the Ridgewood blog

Trenton NJ, with inflation slowing but prices still relatively high and the U.S. gaining 336,000 jobs in September, WalletHub today released updated rankings for its report on Changes in Unemployment Rate by State.
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FOREIGN OFFSHORE WIND DEVELOPERS SEEK MORE US SUBSIDIES TIME FOR A MORATORIUM AND REBOOT

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the staff of the Ridgewood blog

LBI NJ, under the guise of saving the planet from climate change and providing long term economic growth the federal government and the State have been extremely generous to foreign wind energy companies
with your money and environment. This generosity includes: federal tax credits, increases in electric bills, taxpayer funding of onshore support facilities, additional direct subsidies, a weakening of the
environmental impact statement process, and the potential for your children to pick up the tab for removing the turbines, substations and cabling in the future.

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State Senator Calls For Special Legislative Committee to Investigate NJ Attorney General’s Office Over ties to U.S. Senator Bob Menendez

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the staff of the Ridgewood blog

Trenton NJ, Senate Judiciary Committee member, Michael Testa, called on the Legislature to return to Trenton immediately to authorize subpoena power for the Senate Judiciary Committee and retain special counsel to facilitate a thorough investigation of the New Jersey Attorney General’s Office handling of a 2019 prosecution involving a businessman with ties to U.S. Senator Bob Menendez.

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