Federal Lawsuit Sparks Debate: New Jersey’s Proposed Climate Penalties Face Potential Legal Hurdles
The U.S. Justice Department has filed legal challenges against two states over recently enacted laws aimed at penalizing fossil fuel companies for their role in climate change, raising questions for New Jersey as it considers similar legislation. The New Jersey Business & Industry Association (NJBIA) is urging lawmakers in the state to reconsider their approach in light of these federal actions. Two bills in New Jersey, A-4696 and S-3545, have advanced through legislative committees in recent months but lack a scheduled vote in the full Assembly or Senate. Ray Cantor, NJBIA’s Deputy Chief of Government … Read more