New Jersey Governor Phil Murphy announced an investment of more than $100 million in clean, equitable transportation projects that will improve air quality and reduce the effects of climate change while moving New Jersey towards 100% clean energy by 2050. Leveraging proceeds from New Jersey’s participation in the Regional Greenhouse Gas Initiative (RGGI) and the Volkswagen Mitigation Trust Funds, this funding will bring electrification programs, equitable mobility projects, and electric charging infrastructure to communities across the state.
The $100 million investment of proceeds from New Jersey’s participation in the Regional Greenhouse Gas Initiative and its prosecution of Volkswagen for its emissions scandal will fund the following projects:
- $9 million in grants for local government electrification projects that will help to improve air quality in environmental justice communities through the deployment of electric garbage and delivery trucks
- $13 million in grants for low- and moderate-income communities to reduce emissions that affect air quality through the deployment of electric school buses and shuttle buses
- $5 million in grants for equitable mobility projects that will bring electric vehicle ride hailing and charging stations to four New Jersey towns and cities
- $5 million in grants for deployment of fast charging infrastructure at 27 locations statewide
- $36 million to reduce diesel and black carbon emissions in environmental justice communities by electrifying port, cargo handling, and other medium- and heavy-duty equipment in port and industrial areas, including $15 million towards NJ TRANSIT bus electrification