New Jersey makes $7 million investment in RGGI funds for electric buses and trucks

Leveraging proceeds from New Jersey’s participation in the Regional Greenhouse Gas Initiative (RGGI), Governor Murphy has announced an additional $10.8 million investment to further protect residents, the environment and the economy from the worsening impacts of climate change. The latest round of proceeds will be used to increase the number of electric trucks and buses that traverse communities overburdened by air pollution and expand the number of community fast charging locations, Commissioner of Environmental Protection Shawn M. LaTourette said.
The total investment of $10.8 million includes $6.9 million from RGGI quarterly auction proceeds for medium- and heavy-duty electric vehicles including school buses, garbage trucks, transit and shuttle buses, and $3.9 million for 62 fast-charging stations. The $3.9 million comes from New Jersey’s share of the nationwide Volkswagen Settlement.
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