New Jersey 2022-2023 Regular Session

New Jersey Assembly Bill A4254

Introduced
6/9/22  
Refer
6/9/22  
Report Pass
6/13/22  
Engrossed
6/29/22  
Enrolled
6/29/22  
Chaptered
9/15/22  

Caption

Excludes electricity supplied to recycled materials manufacturing facilities from renewable energy portfolio standards.

Impact

The implementation of A4254 is expected to alleviate the financial burden of renewable energy obligations on recycled materials manufacturing facilities. This could lead to lower operational costs for these businesses, encouraging the growth of a sector that plays a critical role in environmental sustainability. The act mandates that facilities must employ at least 200 employees and manufacture products with a minimum of 90% recycled content to qualify for the exemption, which ensures that the benefits primarily support larger, established operations.

Summary

A4254 is an act that addresses the sale of electricity to recycled materials manufacturing facilities by exempting them from renewable energy portfolio standards obligations. Under this legislation, electric power suppliers and basic generation service providers will not be required to adhere to certain renewable energy standards when supplying electricity to facilities that meet specific criteria for manufacturing products from recycled materials. This is aimed at promoting recycling initiatives within the state by providing economic advantages to such facilities.

Sentiment

The sentiment around A4254 appears to be generally positive among industry stakeholders, particularly in the recycling and manufacturing sectors. Proponents argue that the exemption will stimulate economic growth and support environmental goals by incentivizing recycling operations. Conversely, some environmental advocates may express concerns that such exemptions could weaken renewable energy commitments in the state, viewing it as a compromise on broader environmental objectives.

Contention

Notable points of contention regarding A4254 might include discussions on whether it sufficiently balances economic support for recycling businesses against the need for robust renewable energy initiatives. Critics may argue that such exemptions could undermine the state's goals related to reducing carbon emissions and transitioning to more sustainable energy sources. The fact that certain facilities are granted special allowances while others remain subject to stricter standards could raise questions about equity in energy regulation and environmental policy.

Companion Bills

NJ S2852

Same As Excludes electricity supplied to recycled materials manufacturing facilities from renewable energy portfolio standards.

Previously Filed As

NJ A3921

Revises State renewable energy portfolio standards.

NJ HB1875

Electric utilities; renewable energy portfolio standard program; zero-carbon electricity.

NJ HB2365

Electric utilities; renewable energy portfolio standard program, zero-carbon electricity.

NJ HB369

Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc.

NJ SB598

Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc.

NJ SB470

Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc.

NJ HB565

Electric utilities; renewable portfolio standard program, zero-carbon electricity, etc.

NJ SB252

Renewable energy portfolio standard program; energy from geothermal heating/cooling systems, report.

NJ HB1102

Renewable energy portfolio standard program; energy from geothermal heating/cooling systems, report.

NJ HB970

Renewable Energy Portfolio Standard - Nuclear Energy and Renaming

Similar Bills

MI HB4403

Liquor: other; leasing, selling, and transferring portions of certain alternating proprietors under approval of commission; allow. Amends secs. 105 & 603 of 1998 PA 58 (MCL 436.1105 & 436.1603).

IL SB0254

BEST CONSUMER PRICE ACT

IL HB1225

BEST CONSUMER PRICE ACT

IL SB1439

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IN HB1060

Right to repair.

MI HB4824

Liquor: other; definition of brand; modify. Amends sec. 105 of 1998 PA 58 (MCL 436.1105) & adds sec. 604. TIE BAR WITH: HB 4823'25

MI SB0513

Liquor: other; definition of brand; modify. Amends sec. 105 of 1998 PA 58 (MCL 436.1105) & adds sec. 604. TIE BAR WITH: SB 0512'25