People. Planet. Profit. Newsletter: Update on New Jersey’s Transition to a Clean Energy Economy
Clean Energy Continues To Be A Driver of Economic and Job Growth in New Jersey Check out our latest […]
Financial Assistance for Sustainable Businesses: Current Programs Available through the New Jersey Economic Development Authority
The NJEDA currently has a number of existing and upcoming financing programs that can assist businesses looking to either reduce their carbon footprint or participate in the clean energy economy. Programs include vouchers for purchasing zero emissions vehicles and tax credits for developers looking to clean up brownfields.
A Convenient Resource for a Range of Business Sustainability Solutions: The New Jersey Sustainable Business Registry
The New Jersey Sustainable Business Registry recognizes businesses that are taking action towards sustainability. Beyond the many advantages to becoming a member, they offer no cost consulting regarding sustainability best practices, and have a wide range of resources to help your business begin taking action.
Taking Action and Inspiring the Next Generation of Sustainability Professionals: PSEG Institute for Sustainability Studies Green Teams Program
Whether your business has already made strides in sustainability or is looking for additional support to start its sustainability journey, the addition of a Green Team is an ideal way to make progress and support upcoming professionals in sustainability! The PSEG Institute for Sustainability Studies Green Teams program pairs student interns from a range of disciplines with hosting companies for ten-week sustainability related projects. Read about previous companies that have participated, past projects, how to apply for a Green Team, and more.
Newark Science and Sustainability – Cultivating Healthy Communities with Urban Agriculture
Our profile this month highlights the non-profit Newark Science and Sustainability (Newark SAS). Their primary mission is to increase access to fresh, healthy food in Newark through urban agriculture and community gardening. A combination of their business model, a farm to table co-op which delivers produce boxes directly to consumers, and their ability to take advantage of grant programs that help them expand their mission has helped them become a massively impactful and positive force for the local community. With the establishment of their new headquarters, they hope to further their goals for the future.
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.
Webinar on Protecting Local Economies from Flood Risk
On August 28 at 6:00 PM, the New Jersey League of Conservation Voters will be hosting a virtual webinar about New Jersey’s growing flooding crisis, and what we can do to prevent floods and protect our local economies in the future. As a member of the Clean Water is Good for Business coalition, NJSBC is co-sponsoring this timely webinar on a topic that is increasingly relevant to local businesses in flood prone areas.
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.
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.
ZAGO Manufacturing Co. – Leveraging New Jersey’s Clean Energy Economy
As New Jersey makes progress on its goal to decarbonize the energy sector, businesses in the state are already benefiting from numerous emerging industries. ZAGO Manufacturing Co. is an important example of how embracing the transition to a clean energy economy can become a growth opportunity for manufacturing companies.