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What's a clean-energy future really going to cost NJ?

What's a clean-energy future really going to cost NJ?
njspotlight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from njspotlight.com Daily Mail and Mail on Sunday newspapers.

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Big oil's solution for plastic waste is littered with failure

Big oil's solution for plastic waste is littered with failure
taipeitimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taipeitimes.com Daily Mail and Mail on Sunday newspapers.

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icis.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from icis.com Daily Mail and Mail on Sunday newspapers.

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Study says businesses will pay more for green energy

Credit: (AP Photo/Mel Evans, File; AP Photo/Michael Dwyer, File)
File photos: Business groups in New Jersey fear the cost of subsidizing nuclear and offshore wind power, cornerstones of the Murphy administration’s clean-energy agenda.
For many months, consumer advocates and business groups have unsuccessfully pressed the Murphy administration to assess what the state’s clean-energy goals will do to the cost of electricity in New Jersey.
Now, one of the state’s largest business organizations, the Chemistry Council of New Jersey, has done its own in-house analysis on how those policies would impact its 45,000 members.
For manufacturing firms, the industry group says its results project both a steep rise in energy bills for its commercial power consumers over the short term and long haul. And that increase is just for the existing subsidy customers pay to nuclear power plants and for offshore wind, once turbines start operating off the Jersey coast, which is exp ....

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The Numbers Are In, Biden's Inflation Is Not Going Away

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Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal.
“We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
The consumer price index, an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed.
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to surveyed economists. ....

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