As a coastal community on the Eastern Seaboard, few other states in the nation have the same vested interest in solutions to climate change than New Jersey. That is why we anticipated the state to release a new energy master plan that would be both challenging in its proposals and aggressive in its timelines. Yet, unfortunately, the plan appears to be based more on a public relations agenda than sound, realistic public policy.
Essentially, the plan seeks to fully convert the state’s energy generation and consumption to 100% “renewable” sources by 2050 — primarily defining renewable as electric energy only, generated through wind and solar sources. In tandem, the state would phase out all other sources of energy, including clean, affordable, and reliable natural gas.
The plan, however, glazes over several key concerns. One is that the new energy sources are still in the conceptual phase. Another is that the state seeks to phase out all other energy sources on a timetable that appears faster than the new sources may materialize. And, not the least of concerns, is the extremely high cost to consumers through the required retrofit of all homes and businesses, as well as the astronomical price of electricity compared to other resources.