New Jersey governor signs tax break for Orsted's offshore wind farm
New Jersey Gov. Phil Murphy has signed a bill giving a tax break to Danish offshore wind developer Orsted for the first of two energy projects it plans to place in the waters off the Jersey Shore.
"The bill allows Orsted to keep federal tax credits that it otherwise would have been required to pass along to New Jersey utility ratepayers. Lawmakers who narrowly approved the bill last week said the aid was needed to help Orsted deal with inflation and the lingering effects of the COVID-19 pandemic."
HEADLINE: NEW JERSEY GOVERNOR INCREASES UTILITY RATES
You got that right,
People are sheep when it comes to this “green” energy push. It’s not about the environment at all. It’s about another transfer of wealth. The cost to the consumer vs the net benefit to the planet is folly. Also another thing that is poorly communicated, actually covered up, is the increased cost - either in increased utility bills, increased taxes, or both. The sad thing is that one of two things will happen:
I remember when Obama got elected and immediately started pushing that stupid "stimulus" act which included huge grants and subsidies for solar, wind, etc. My first thought back then was that it was simply a huge payday for Obama-aligned crony pals. I even remember the stupid media hype about "millions of new green jobs", but of course no Obama bot could answer what a "green job" was aside from installing solar panels.
Good points. New Jersey is actually a predominantly nuclear powered state for electricity. We have three large, highly efficient reactors but they are tucked far way in the southern part of the state. We use natural gas for stoves and heating in many parts of the state. We have gas pipelines that have been delivering gas from the largest fracking area right next door from PA. Most people in the state do not realize this. We will be paying for offshore wind long before it even goes into use. I think the atate will try to fool us that our utility bills are going higher due to inflation. So we will not think it is the offshore wind.
I hope know one thought any different...
Unfortunately, there is a strong environmental movement in NJ and many people fall for it. The percentage of people who now want this has been decreasing (we love our Jersey shore) but it looks like it is too late since the legislation has been passed. It won't be until people see the huge increase in their electric bills that will wake them up. I project that this whole wind project will fail but we will still get stuck with the bill to a foreign company.
If I see another “another 500 acres saved from development” sign I’m gonna puke. It should more accurately read, “look at this other land we used your money for that you don’t own moron”
I know, We are taxed a small amount on our property taxes for "open space." One day I went and searched for that "open space" in my town. I found one site that was next to a railroad track. It was a small track that was muddy (it was a grassy area) because it was used by commuters as a parking area (it's near the train station. But they had this really big elaborate sign. It was about 6000 square feet. What a joke. Though the tax is small, we are one of the largest towns in the state so it adds up.
Yea we moved here from PA a few years back for healthcare and family and I’m ready to head on back. We’re closer to Philly and the area is just full of progressive retards. Problem is we came here on a 2.8% mortgage so even with the property taxes I’d still be paying more to move back at the moment lol.
I remember when my boss got charged several thousand dollars to move out of NJ to PA about 15 years ago. I don't know if NJ still does that.
username checks out
you got me!
Gads saw them out un front of Atlantic City
Ugly
You must mean the ones that are onshore. They power the waste management facility. They are next to the largest bird sanctuary in NJ. Good grief.
New Jersey is as commie a state and California, run by a leftist who got frauded back into office in 2022. Phl Murphy is on par with Newsom.
Jack won the night of the election. But they had to extend the certification because of mail-in votes. I stayed up all night to watch the election results and they were weird. There were no votes reported in Essex County all night. A red county (Sussex) showed Murphy winning which did not make sense. Then it got switched back to red (same number of votes too). It was a slim win for Murphy and Jack was going to challenge it but the RNC would not provide the money for that. Jersey is still not as blue as it looks. Many red counties went blue in the past few years. I think it the increase in the voting machines and their updates. However, there is a small but growing increase in red seats in the state.
Same with Wisconsin in 2018 when Walker lost reelection to Tax 'Em Tony. Vote tallies that didn't jibe, solid red districts with super low turnout or larger than expected votes for Evers. And finally the ol 3 AM "found ballots" routine from solid dem precincts. And Evers "wins" by a slim margin.
The "found ballots" thing is just so obvious/ If you try to confront them, you get indicted (like Trump and colleagues).
South is Conservative, but not enough votes to counter the leftist North Jersey. Bergen Country is the worst when it comes to cheating, and they've been doing it for years.
Warren and Sussex are red. Hunterdon was too but too many liberals have moved in there. Sweeney is from south Jersey and there are a lot of democrats there but it is changing because of job losses.