Gov Christie: NJ Out of CO2 Cap&Trade

VigIIPeaBurner · By: **VigIIPeaBurner** On: Fri May 27, 2011 8:51 am

NJ's Gov. Christie puts NJ as the first of the 10 north east participating states to pull out of the cap-trade program. The goal of the Regional Greenhouse Gas Initiative was to cut CO2 by 10% by 2018 :!:

One of his main statements: " ... no coal in the State of New Jersey", :"will battle PA ..." Watch the youtube video

(I'll try to fix the youtube insert later ...)

Richard S. · By: **Richard S.** On: Fri May 27, 2011 8:56 am

VigIIPeaBurner wrote:
(I'll try to fix the youtube insert later ...)

Fixed, you can't have any parameters, anything after the ampersand has to be removed:

Code: Select all: &feature=player_embedded#at=16

009to090 · By: **009to090** On: Fri May 27, 2011 9:16 am

Looks like we moved south just in the nick of time.

Richard S. · By: **Richard S.** On: Fri May 27, 2011 9:27 am

I'd agree with him dropping cap and trade but he's living in a fantasy land if he expects coal to disappear. Couple of comments, these aren't exactly what he said, don't have the transcipt.

90 percent of scientists agree there is climate change and humans are causing it

Not true, there is only one recent poll I'm aware of and the number was in the 87% range where about 3000 out of 10K responded. The question was something like "Do you think the globe has warmed significantly?". There was no reason given for why and "significantly" is subjective.. While there may be a consensus that the climate is getting warmer there is no consensus on the "Why" or how much.

New Jersey is already below it's goals.

New Jersey is net importer of electric, most likely all of it coming from PA.

New Jersey
Net Generation(megawatthours) : 61,811,239

Total Retail Sales (megawatthours) : 75,779,853

Average Retail Price(cents/kWh) : 14.52

Pennsylvania
Net Generation(megawatthours) : 219,496,144

Total Retail Sales(megawatthours) : 143,747,438

Average Retail Price(cents/kWh) : 9.60

Maybe PA should pull the plug to reduce emissions or perhaps a mandate that all electric produced from coal be sold to PA residents and we export the more expensive electric to NJ.

Offshore wind genaration

The offshore wind farm in Massachusetts that made a big splash on the news a few months back has a contract for 22 cents kWh or more than double than national average, that's the wholesale cost the distributor will pay. In addition to that they have 3.5% increase each year over the next 15 years, that's a 50% increase in that time span. These numbers of course exclude all the subsidies...... $$$$$$$$$$$$$$$$$$$$$

Solar...

This is more than wind.

Natural Gas plants..

Maybe PA should pull the plug on this too?

More than 50% of our electricity is carbon free.

Which explains why NJ residents are paying 50% more than the average electric rate.

VigIIPeaBurner · By: **VigIIPeaBurner** On: Fri May 27, 2011 1:46 pm

We know that Christie is in the right pack but to keep the ripple effect waves down he had to throw some fodder to the environmental sectors. Speaking metaphorically, you can have two paddles but only use the rudder. The Gov is crafty. Let us keep an eye on this as it progresses.

New Jersey is net importer of electric, most likely all of it coming from PA.

New Jersey
Net Generation(megawatthours) : 61,811,239

Total Retail Sales (megawatthours) : 75,779,853

Average Retail Price(cents/kWh) : 14.52

I just checked my bill. With delivery charges it's $0.164/KWH. If I go up on the hill about a 1,000 ft away, I can see the stacks of two old coal fired generating stations. One is shut down and running new GE nat. gas turbines and the other is the one the Gov. refers to. Both are located in PA at the water's edge of the Delaware River. After the meat of the speach, there's a lot of half-loafs thrown out there. You just hae to listen closely

DVC500 at last wrote:like we moved south just in the nick of time.

Alongside the RGGI article, Gov Christie change his approach to changing health care funding for state workers. He was originally only going to accept changes vial legislation but has changed, according to the newspapers, to agree to negotiate the issues with the unions. He's a very smart former prosecutor. By choosing this path and depending on the results and response of the unions, he could have created two villains: Not only the unions but the legislature - for lack of acting - to fight in the public arena.

Richard S. wrote:
VigIIPeaBurner wrote:
(I'll try to fix the youtube insert later ...)

Fixed, you can't have any parameters, anything after the ampersand has to be removed:

Code: Select all
&feature=player_embedded#at=16

Thanks Richard. I was looking up the thread about that but simply ran out of time! Had to go and at that point I was getting the big stink-eye from the Mrs. I told her first things first ... :roll:

SMITTY · By: **SMITTY** On: Sat May 28, 2011 10:24 am

Just when I thought Christie was the one ........ :mad:

I guess I'll be deleting my picture ....

I hope your right, Vig ...

Gov Christie: NJ Out of CO2 Cap&Trade

Gov Christie: NJ Out of CO2 Cap&Trade

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Re: Gov Christie: NJ Out of CO2 Cap&Trade

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Re: Gov Christie: NJ Out of CO2 Cap&Trade