Category: Clean Energy

The Inflation Reduction Act One Year Later: Advancing Climate and Economic Goals

The focus of this month’s newsletter is on the IRA since its implementation promises to have far-reaching and positive consequences for the economy, public health and the climate. We’ll provide an overview of its overall goals, current and potential impacts, and how New Jersey companies can take advantage of the IRA’s potential benefits. We profile one company that is successfully integrating market innovation and government programs and incentives, like those from the IRA, to boost its own triple-bottom-line performance.

Blog, Clean Energy

Ciel Power LLC – Using State and Federal Programs to Lower Emissions and Electricity Bills

Ciel Power LLC is a business that has already been using state and federal rebates and tax credits to provide affordable home retrofit solutions. The company has also taken advantage of New Jersey EV tax credits and plans to continue transitioning its fleet with federal tax credits from the IRA. Companies like Ciel Power that are already embracing programs to reduce environmental impact and increase their financial efficiency are well positioned to take advantage of the IRA and continue to expand the positive impact of their work.

Blog, Business Members, Clean Energy, Members

Offshore Wind: The Key to Sustainable Economic Development in New Jersey

In support of its goal to achieve 100% clean energy by 2050, New Jersey has set an ambitious target of 11,000 megawatts of offshore wind capacity by 2040, and some developers have already begun the initial stages of constructing wind farms. As a coastal state, New Jersey is uniquely positioned to both tackle climate change and usher in a vibrant and dynamic new industry which will spur economic activity. Each wind farm implemented in the state is expected to add thousands of jobs to the economy.

Actions, Blog, Clean Energy, Energy, Offshore Wind