New Jersey 2024-2025 Regular Session

New Jersey Senate Bill S2318

Introduced
1/25/24  
Introduced
1/13/26  
Refer
1/25/24  

Caption

Revises and updates law pertaining to conservatorship to encourage ethical conduct by conservators and to provide stronger protections for conservatees and proposed conservatees.

Impact

The implementation of this bill is expected to significantly alter state laws related to the regulation of greenhouse gas emissions from transportation fuels. By setting a standard for emissions and creating a market for tradable credits, the bill incentivizes cleaner fuels and penalizes higher emitting fuels. This approach is anticipated to stimulate job growth in various sectors linked to cleaner fuel technologies and can lay the groundwork for new industrial markets focused on waste reduction and energy efficiency.

Summary

Senate Bill S2318 establishes a low-carbon transportation fuel standard program within the New Jersey Department of Environmental Protection (DEP). The program mandates that refiners, wholesalers, and importers of gasoline and diesel fuel, as well as producers of alternative fuels, ensure that the fuels supplied meet a set standard for greenhouse gas emissions throughout their lifecycle. The ultimate aim is to achieve a reduction of at least 10 percent in these emissions below 2019 levels by 2030.

Sentiment

The sentiment surrounding S2318 has been largely supportive among environmental advocates and some lawmakers who view it as a proactive measure to combat climate change. However, there are concerns from stakeholders in the fossil fuel industry who argue that the regulations might impose undue burdens and costs, potentially harming their businesses. Discussions have highlighted a division between those advocating for aggressive climate policies and those concerned about economic implications.

Contention

The bill's contention centers around the feasibility of achieving the set emissions goals and the regulatory compliance costs for fuel suppliers. Stakeholders have raised questions about the effectiveness of credit trading systems, the potential impact on fuel prices for consumers, and whether the mechanisms outlined in the bill will lead to the desired environmental outcomes without significant disruption to current fuel markets. This creates a landscape of differing opinions on the balance between environmental responsibilities and economic realities in the transportation sector.

Companion Bills

NJ S1301

Carry Over Revises and updates law pertaining to conservatorship to encourage ethical conduct by conservators and to provide stronger protections for conservatees and proposed conservatees.

NJ A3645

Carry Over Requires preschool tuition rates equal actual cost per pupil.

NJ S2425

Carry Over Eliminates use of census-based funding of special education aid in school funding law.

Previously Filed As

NJ S3478

Revises and updates law pertaining to conservatorship to encourage ethical conduct by conservators and to provide stronger protections for conservatees and proposed conservatees.

NJ A965

Revises and updates law pertaining to guardianship to encourage ethical conduct by guardians and to provide stronger protections for wards and proposed wards.

NJ SB1221

Lanterman-Petris-Short Act: conservatorships.

NJ HJ26

Study guardianships and conservatorships

NJ HB2041

Modifies provisions relating to guardianships and conservatorships

NJ HB694

Regards liens, conservatorships - state universities and colleges

NJ HB384

Modifies provisions relating to guardianships and conservatorships

NJ AB2090

An act to amend Section 2628 of the Probate Code, relating to guardianships and conservatorships.

NJ HB648

Relating To Guardianship And Conservatorship Services.

NJ SB788

Relating To Guardianship And Conservatorship Services.

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