"New Jersey Governor Chris Christie is re-evaluating the state's participation in a regional carbon trading program and could opt to withdraw within a few weeks. Observers say the move is expected in response to pressure from GOP legislators and campaigns mounted by groups funded by billionaires Charles G. and David H. Koch.
The anticipated policy reversal is in step with recent actions in Maine and New Hampshire, where Republican-dominated legislatures are trying to repeal their states' participation in the Regional Greenhouse Gas Initiative (RGGI), a carbon market between 10 Northeast and Mid-Atlantic states and the first mandatory emissions trading plan in the country."
Maria Gallucci reports for SolveClimate News April 11, 2011.
"Koch Bros. Influence Felt in NJ as Gov. Weighs Carbon Market Exit"
Source: SolveClimate, 04/12/2011