Solar and Wind are Keys to NJ s Lofty Renewable Energy Goals - New Jersey Business Magazine
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Energy crisis: Labor organizations see opportunities for state s economy, but nevertheless harbor doubts about N J s mishmash of plans
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Credit: (AP Photo/Matt Rourke)
File photo: June 20, 2019: Chris Smith makes his way through floodwaters in Westville after severe storms swept across southern New Jersey.
New Jersey released its first major statement Thursday on how the state should respond to climate change, recommending seismic and sobering changes that include moving population away from flood-prone areas; educating the public about the massive task ahead; redirecting state investment toward resiliency measures, and forging an “all-hands-on-deck” strategy within government.
The long-awaited State of New Jersey Climate Change Resiliency Strategy described 125 actions across six policy areas that it said should be implemented by public and private sectors to help adapt to the higher temperatures, bigger storms, heavier rains and rising seas already affecting the Garden State and set to worsen in coming decades.
Credit: (AP Photo/Matt Rourke)
File photo: June 20, 2019, people inspect the floodwaters submerging Broadway in Westville after a severe storm.
More than 94,000 New Jersey houses are subject to substantial flooding this year at an average cost of some $4,400 per property, and the financial damage will get worse as climate changes over the next 30 years, according to a report published Monday.
“The Cost of Climate” by the nonprofit First Street Foundation calculated that another 10,800 properties across the state will suffer flood damage by 2051 because of the bigger storms and higher seas that come with climate change, and that the average annual loss will rise 53% to $6,755.