Acadian, the Louisiana consultant the rate counsel hired, estimates the Fishermen's project would cost $282.2 million over 20 years, including operation and maintenance costs, and would generate only $74.2 million in revenue. It would require $208 million in subsidies from ratepayers.
Results for "fire" in Articles filed under Impact on Economy from New Jersey
A growing number of advocates, among them Governor Corzine and President Obama, believe that energy efficiency and renewable energy could not only help the environment but replace jobs lost in the recession. Critics, however, say that's an expensive and unproven way to create jobs that will destroy jobs in other sectors, and in many cases will be little more than putting a green veneer on existing trades. "If you spend a billion dollars, sure you will create jobs," said William T. Bogart, an economic professor and dean of York College of Pennsylvania. "The question is, on net, how many?