ASSEMBLY PANEL TO HEAR TESTIMONY ON CHRISTIE PLAN TO SLASH CLEAN & ALTERNATIVE ENERGY ECONOMIC DEVELOPMENT PROGRAMS

(TRENTON) — Assemblyman Upendra Chivukula on Monday announced the Assembly Telecommunications and Utilities Committee will hear testimony Thursday on Gov. Chris Christie’s plans to cut clean and alternative energy programs that have been benefiting New Jersey businesses.

Christie wants to take $158 million from the Clean Energy Fund and $128 million from the Retail Margin Fund. The programs promote economic development centered around clean and alternative energy.

Chivukula (D-Somerset/Middlesex), the committee chairman, said the cuts will hurt New Jersey businesses, economic development the state’s reputation as a green energy leader. Chivukula hopes to hear from Board of Public Utilities and businesses.

“These raids are already hurting businesses and economic growth and our aggressive program to make New Jersey a leader in clean energy,” Chivukula said. “The governor’s plan takes us backward when we should be charging ahead and seizing the economic growth and new job creation that will come with the emerging green energy industry.”

The hearing is set for 10 a.m. Thursday, March 4 in Committee Room 9 in the State House Annex in Trenton.

It will be streamed live here.

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