Business owners have joined forces with free market activists in New Jersey who are calling on state lawmakers to repeal “cap and trade” policies, which are responsible for boosting energy prices. On Thursday, The New Jersey Restaurant Association (NJRA), which represents the state’s largest employment sector, announced its support for a bill that would both revoke “cap and trade” and rescind New Jersey’s participation in the Regional Greenhouse Gas Initiative (RGGI).
“The opposition that is building up against `cap and trade’ in New Jersey could have national implications since the program here was crafted as a model for what President Obama had in mind,” Steven Lonegan, a former mayor of Bogota explained in an interview. “The American people are opposed to these environmental regulations but they are still growing right under our feet at the state level with these regional initiatives. It’s shocking how few people realize New Jersey already has the program.”
Lonegan, who is also a former gubernatorial candidate, is heading up the effort to repeal “cap and trade” in partnership with private citizens and public officials. Legislation (Bill A3147) has been introduced in the Assembly by Assemblyman Michael Patrick Carroll (R-25) and Assemblywoman Alison Littell McHose (R-24). An accompanying bill is expected to be introduced by Senator Michael Doherty (R-23), and Governor Chris Christie has indicated he would sign the legislation.
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