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Analysts: New Jersey's early RGGI exit cost the state millions
Energy News Network: New Jersey forfeited the opportunity to pump at least $62 million—and perhaps as much as $154 million—in auction revenues into energy savings over the last three years by exiting a Northeastern cap-and-invest compact designed to limit carbon emissions from fossil fuel-driven power plants.
By dropping out in 2011, the Garden State also couldn’t capitalize on the extra jobs and investments that have continued to boost the economies of the nine states still participating in the Regional Greenhouse Gas Initiative (RGGI).
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