Lawmakers Vote To Keep NJ In Cap-And-Trade Program

Law360, New York (May 25, 2012, 6:20 PM EDT) -- The New Jersey Assembly on Thursday approved a bill taking another swing at Gov. Chris Christie's decision last year to pull the state from a regional cap-and-trade program.

The legislation, which passed the state Senate earlier this month, specifically requires the state's participation in the Regional Greenhouse Gas Initiative, in which member states cap carbon dioxide emissions from electric power plants.

Passed by a 45-33 vote in the Democrat-controlled Assembly, the bill now heads to Christie, a Republican who shot down a similar measure last year....
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