Advancing transit equity through technology, and community and stakeholder engagement
- Date: 07/10/2024
Transit is a vital component of equitable urban infrastructure. As our cities continue to grow and diversify, ensuring that transit…
New Jersey plans to devote about three-quarters of its revenue from the Regional Greenhouse Gas Initiative (RGGI) to electrifying transportation.
By Lightspring/Shutterstock.com
The state this year rejoined RGGI, a 10-state cap-and-trade program for the power sector. By participating in RGGI’s quarterly greenhouse gas allowance auctions, New Jersey expects to earn $240 million over three years.
New Jersey intends to spend 75% of its RGGI revenue on transportation, 15% on a “green bank” and 10% on bolstering its coastal and forest habitats, according to a plan released April 17.
Have more mobility news that we should be reading and sharing? Let us know! Reach out to Sage Kashner (kashner@ctaa.org).
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