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The Energy Equation

EDISON, NJ-With energy costs on the rise, Gov. Corzine's chief energy advisor, along with industry experts, tries to hash out a solution.

By Alyson Grala | Updated on April 15, 2009

[IMGCAP(1)]EDISON, NJ-With natural gas prices rising anywhere from 150% to 200% above 2002 figures and coal prices also on the upswing, New Jersey is looking to simultaneously combat higher energy costs and global warming. The solution: an energy plan that is both economically and environmentally responsible. But not everyone agrees on its finer points. That was the debate yesterday at NAIOP New Jersey’s “Energy Master Plan: Impact & Opportunity” program held here at the New Jersey Carpenter Contractor Trust Conference Center.

On hand were Ken Esser, Gov. Corzine’s chief energy advisor, and Steve Goldenberg, a partner at Fox Rothschild LLP, each of whom shared their views on the proposed plan. A panel discussion moderated by Jeffrey Grant, director of corporate energy at Mack-Cali Realty Corp., followed. Panelists included Lance Miller, chief of policy and planning, NJ Board of Public Utilities; Dr. Clint Andrews, department chair, Rutgers Center for Green Building; Patrick Connelly, president of BOMA NJ and vice president of Matrix Development Group; and Stephen Finkelman, director of sustainable services at CMX Engineering.

Esser kicked off the program by addressing the “800 pound gorilla in the room,” otherwise known as the Garden State’s government-granted $260 million allotment for energy efforts. “While I know it sounds like a large sum of money, it’s very spread out, with $118 million going to weatherization actions, $73 million for the state’s energy program and $75 million set aside for energy efficiency and conservation grants, among many others,” he said.

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