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Home > "First-in-US Green Concrete Tax Break Offered as Model for States"

"First-in-US Green Concrete Tax Break Offered as Model for States" [1]

"New Jersey’s top environmental official says he’s going to start pitching to other states a green concrete tax credit, similar to the first-in-the-nation law just signed by Gov. Phil Murphy (D).

“We’ll look at this piece of legislation and our ability to share and cross-pollinate with other states,” said Shawn LaTourette, commissioner of the New Jersey Department of Environmental Protection, referring to his role as infrastructure work group chair at the Environmental Council of the States, a national association of state agency heads.

“Does this change the behavior of everyone overnight? Absolutely not,” he said. “But what it does is begin to sow the seeds of change.”

Concrete is responsible for at least 7% of global carbon dioxide emissions contributing to heating the planet, according to clean energy research group BloombergNEF."

Stephen Lee reports for Bloomberg Environment February 8, 2023. [2]

Climate Change [3]
Infrastructure [4]
National (U.S.) [5]
Public [6]
Source: Bloomberg Environment [2], 02/09/2023
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Source URL:https://www.sej.org/headlines/first-us-green-concrete-tax-break-offered-model-states

Links
[1] https://www.sej.org/headlines/first-us-green-concrete-tax-break-offered-model-states [2] https://bnanews.bna.com/environment-and-energy/first-in-us-green-concrete-tax-break-offered-as-model-for-states [3] https://www.sej.org/category/topics-beat/climate-change [4] https://www.sej.org/category/topics-beat/infrastructure [5] https://www.sej.org/category/region/national [6] https://www.sej.org/taxonomy/term/81