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New Jersey Gov. Phil Murphy’s office announced Tuesday that global renewable energy giant Orsted will pay the state $125 million for pulling out of two offshore wind projects off the coast last year, a move that upended a key part of the state’s clean energy program. Murphy’s administration said it plans to use the money to further support offshore wind projects by investing in manufacturing facilities and other clean energy programs. It also announced plans for a fifth offshore wind project.

N.J. residents, worried about EV costs, are divided over a plan to stop selling new gas-powered vehicles in 11 years.

New Jersey is putting up tens of millions of dollars over the next few years to put a dent in the largest source of greenhouse gas emissions in the state.

New Jersey is putting up tens of millions of dollars over the next few years to put a dent in the largest source of greenhouse gas emissions in the state.

New Jersey is putting up tens of millions of dollars over the next few years to put a dent in the largest source of greenhouse gas emissions in the state.