Opinion: It’s time for New Jersey to launch its Green Bank

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MARY BARBER and JEFF SCHUB / NORTHJERSEY.COM – Last year was a breakthrough for New Jersey’s push toward a clean energy future. In May, Gov. Phil Murphy signed the Clean Energy Act that promoted zero carbon electricity and an executive order launching New Jersey’s Energy Master Plan. The executive order provides the state with a roadmap to draw 100 percent of its electricity from clean sources by 2050 and meet 50 percent of its electricity needs from renewable sources by 2030.

But if 2018 was the year where our clean energy road map was unveiled, 2019 needs to be the year we get rolling. And establishing a New Jersey Green Bank would be an incredible boost …

Mary Barber is Director of Clean Energy at the Environmental Defense Fund. Jeff Schub is the Executive Director at Coalition for Green Capital.

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