CIANJ Statement in Support of the PennEast Pipeline
CIANJ Statement in Support of the PennEast Pipeline:
“Natural gas has helped New Jersey lower energy bills by 35 percent since 2010, reduce carbon emissions under 2000 levels and support a diverse and reliable grid,” said Anthony Russo, president of the Commerce and Industry Association of New Jersey. “Despite that, this winter has shown that we still don’t have enough natural gas infrastructure, and our economy and environment remain vulnerable. The PennEast Pipeline would have delivered another $435 million in savings this past winter had it been in operation. Every dollar that isn’t spent on overhead is another dollar spent on reinvestment in businesses and employees. To build a stronger economy, we need projects like the PennEast Pipeline.”