How Would ‘Clean Heat’ Standard Impact NJ’s Natural-Gas Utilities?
New Jersey is considering establishing a “clean heat” standard, a market-based tool to drive down greenhouse gas emissions from fossil fuels used by utility customers, primarily natural gas.
By the end of this decade, Gov. Phil Murphy wants to reduce carbon pollution from the natural-gas industry by 50% below 2006 levels, a target set by an executive order issued earlier this year.