6 State Investments in Electrification

Where: New Jersey

Who is behind the electrification push? New Jersey Clean Cities Coalition

What are 6 examples of New Jersey’s investments into electrification:

• NJ joined the Regional Greenhouse Gas Initiative which provides funding based on a carbon dioxide allowance auction
• Invest $80 million each year in “programs that reduce greenhouse gas emissions for:
  • clean energy projects
  • clean energy jobs
  • electrification of the state fleet by 2050
• NJ joined a cap-and-trade program with 9 other Eastern states
• Point of sale rebates for light-duty EVs
• State agencies coordination of efforts to electrify the transportation sector
• $4 million in rebates to offset the cost of installation of EV charging stations

ACT News | New Jersey Makes Significant Commitments to Transportation Electrification