NJ Moves To Repeal Cap-And-Trade Regs

By Martin Bricketto (May 27, 2014, 6:48 PM EDT) -- The New Jersey Department of Environmental Protection is formally repealing cap-and-trade regulations associated with the state's former participation in a regional greenhouse-gas reduction pact based on a March court ruling against Gov. Chris Christie's administration, according to a letter Friday.

The Attorney General's Office said in that letter to the state Appellate Division that a rule proposal repealing the regulations based on New Jersey's exit from the Regional Greenhouse Gas Initiative should be published in the state Register on July 7 and undergo a 60-day public comment period.

Christie in 2011 announced that the state would leave the RGGI, reducing its...

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