Gov. Christie announced formation Thursday of a special oversight committee chaired by the heads of the Treasury and Environmental Protection departments to set up a program framework that will lead to capital investments and reduced costs to residents through energy savings.
In announcing the state’s withdrawal from the Regional Greenhouse Gas Initiative, he said the state is committed to turning away from coal-fired energy, reducing emissions, using market-based approaches, and studying the role of nuclear, and increased use of clean – solar and wind – power.
Treasurer Andrew Sidamon-Eristoff said after the announcement that further details would be announced as the program is developed. But he said that in general the idea is to find ways to make investment when possible to help reduce the state’s energy needs.