Tories plan new carbon tax to boost clean energy

A Conservative government would penalise electricity production from fossil fuels to stimulate investment in renewable and nuclear power, under plans set out today by David Cameron.

Speaking at the launch of the party’s energy policy proposals, Mr Cameron called for the introduction of a carbon tax on electricity generated from coal and gas-fired power stations.

Gov. Chris Christie: [Remember that money that we desperately needed to save your grandchildren from roasting?  We're going to use it for something else] | - NJ.com

Gov. Chris Christie has said he is taking $65 million from the state’s model cap-and-trade program to balance the state’s $29.3 billion budget, but he is getting pushback from Democrats in the state Legislature,

The money comes from quarterly carbon permit auctions held by the Regional Greenhouse Gas Initiative, an alliance of 10 Eastern states from Maine to Maryland. The governor said he also is planning on taking all of the proceeds from the next three quarterly auctions in 2010.

"Next year, we plan on getting back to RGGI," Christie said in a meeting at The Star-Ledger.
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The RGGI funds, like the $158 million in the Clean Energy Fund, were earmarked for use in a variety of energy efficiency and renewable-energy programs. In 2009, New Jersey’s RGGI proceeds were $67 million; of that, $22 million has been spent or committed for consumer-oriented programs.