The Murphy administration will be spending $100 million on statewide electric vehicle programs, through a combination of funds from the Volkswagen emissions settlement and the state’s revenue from the recently re-joined multi-state Regional Greenhouse Gas Initiative. Gov. Phil Murphy, during a Feb. 16 press announcement in Newark, boasted the proposal as a means to push the .
TRENTON In an effort to help New Jersey small businesses battered by the ongoing pandemic, Paycheck Protection Program loans will be tax exempt at the state level for the 2020 tax season.
Those who received the tax-exempt loans also are able to deduct business expenses paid for with the proceeds, state officials announced Tuesday.
Out of 155,851 PPP loans that New Jersey businesses received, nearly 134,000 of them were for amounts less than $150,000, totaling $4.6 billion, according to the governor s office.
Another 19,066 of the PPP loans received in New Jersey were for amounts of between $150,000 and $1 million each, totaling $6.6 billion.
Based on those figures, the remaining 2,824 PPP loans received by state companies totaled $6.1 billion, as the state received PPP loans that totaled $17.3 billion.
Michael Benanav / Searchlight New Mexico and is republished here by permission.
For most New Mexico businesses, the arrival of COVID-19 wreaked havoc, caused shutdowns or threatened doom. But for one enterprise potentially one of the world’s largest nuclear waste sites the pandemic offered an unusual opportunity.
A long-planned nuclear waste storage facility in the southeastern New Mexico desert was rushed through the approval process during the pandemic, according to New Mexico’s congressional delegation, environmentalists and other opponents.
Typically, project foes would have been able to voice their disapproval at Nuclear Regulatory Commission hearings around the state. The coronavirus brought an end to such public gatherings, however, so New Mexico lawmakers asked the NRC to pause the hearings.
Rapacious nuclear company Holtec: its dodgy record on safety, finance and lack of transparency
New Mexico’s nuclear rush. A massive nuclear waste site near Carlsbad is seemingly on a fast track. Can the company behind it be trusted?
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-” ………………There really is no fixed date on a repository,” said Rod McCullum of the Nuclear Energy Institute, an industry trade group. In the absence of a permanent storage place, the conversation has turned to interim storage sites that could save companies money until a final destination is established.Enter Holtec. The company was formed in the 1980s to design spent-fuel storage technology for nuclear plants. By the early 2000s, Holtec had secured contracts to provide specialized dry storage casks for a never-built interim facility on the Skull Valley Goshute reservation in Utah and the Tennessee Valley Authority’s Sequoyah Nuclear and Browns Ferry Nuclear plants. By 2018, Holtec operated branches in seven countries, includin
PRINCETON NJ Announcement
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NJEDA Announces Small Business Emergency Assistance Loan Program Phase 2 February 01, 2021
TRENTON The New Jersey Economic Development Authority (NJEDA) will open pre-registration for Phase 2 of its Small Business Emergency Assistance Loan Program at 9 a.m. on Wednesday, Feb. 10. The $10 million program expansion will support New Jersey small businesses and nonprofits impacted by the COVID-19 pandemic and will be capitalized by a U.S. Economic Development Administration Coronavirus Aid, Relief, and Economic Security (CARES) Act appropriation.
Any business or entity that intends to apply for a loan must first pre-register on the New Jersey COVID Business Information Portal during the pre-registration period, which will run from 9 a.m. on Feb. 10 to 5 p.m. on Feb. 22.