What the landmark climate bill could mean for New Jersey as it tries to go green

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What the landmark climate bill could mean for New Jersey as it tries to go green
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The Inflation Reduction Act signed by President Biden addresses much more than economics ⁠— it also sets aside $369 billion over 10 years for clean energy and climate resiliency. Here's what that means for the Garden State.

, and we've seen the effects of powerful storms on our infrastructure, on our transportation and on our shoreline. Tell us a little bit about why fighting climate change is so important in this region.Well, we're seeing it right now — the effects of extreme heat. It's threatening our elderly, their health and the vulnerable New Jerseyans, and all the folks within our region, in New York as well. We're seeing the. They're asking us currently to hold up on our water usage.

So in the case of electric vehicle incentives, it's capped at $55,000 for a regular consumer car. And it has a provision about where it needs to be made here in America in order to apply for that incentive. So, in fact, I think going be changing around how they're making the vehicles, where they're making the vehicles, to get to that price point. And it's actually going to drive down prices.

So I think we're at the front of the line compared to a lot of places in the country because we've embraced renewable and clean and green energy as part of the solution here in our state.Hill: We hear a lot about environmental justice, at making investments to lessen the impact of decades of pollution in low-income communities. How can this bill do that in New Jersey?Well, there is $60 billion that's set aside for environmental justice.

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