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Energy

Mario M. Cuomo Bridge. - NEW YORK STATE THRUWAY AUTHORITY

Still powerful (access required)

Facing resistance to his original $2.25 trillion infrastructure proposal, President Joe Biden appears to be closer to achieving a bipartisan compromise on a less-costly $1.2 trillion deal. While lopping nearly 50% off the total funding, the wide-ranging proposal still directs federal money to clean transportation and clean energy initiatives, in addition to lead pipe replacement and other cleanup efforts that a June 24 White House news release says will create more union and other jobs. If it passes, New Jersey could benefit, according to some insiders.

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Red light? (updated) (access required)

The relentless rise of e-commerce — spurred in part by widespread COVID-19 lockdowns — has been a bonanza for New Jersey, thanks to demand for warehousing space and so-called last-mile delivery services. But at the same time, energy prices have hit a gusher, leading to concerns about a stall in the demand for New Jersey’s warehousing and distribution services.

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4 new laws aim to bolster NJ’s clean energy agenda (access required)

“We are on our way to putting New Jersey firmly back in our rightful place as a world leader of innovation,” the governor said July 9. “This modernization of our energy sector isn’t just going to be good for cleaner air and our longtime fight against climate change - which it will be - it’s going to be good for our economy.”

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Proposed route of the PennEast Pipeline.

US Supreme Court backs PennEast Pipeline in dispute over NJ land (access required)

In a 5-4 ruling, the justices overturned a lower court ruling that favored the State of New Jersey, saying that the Natural Gas Act enacted in 1938, which allows private energy companies to seize land for a project if they have obtained a certificate from the Federal Energy Regulatory Commission reflecting that the construction of a pipeline “is or will be required by the present or future public convenience and necessity,” can be applied to state-owned land.

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