NJ Gov. Christie to sign offshore wind energy tax-credit bill

NJ gov to sign offshore wind energy bill

PAULSBORO, N.J. — New Jersey Gov. Chris Christie plans to sign a bill into law that would offer tax credits to encourage the development of renewable energy resources.

The bill establishes an offshore wind renewable energy certificate program and authorizes the Economic Development Authority to provide tax credits for qualified wind energy facilities.

Sponsors of the measure say wind projects would create significant development and environmental benefits for the state.

A state study released in June found wind energy would have little negative impact on New Jersey’s environment.

Christie will sign the measure Thursday at the Paulsboro Marine Terminal port.