Green thumbs-up for energy by ProQuest

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                                                                                                                                                                                         Charity cases
Nearly 240 earmarks could total more                                                                                                                                            After-school program tries to
than $200 million for the Garden State.                                                                                                                                          keep kids’ spirits high amid
Page 2
                                                                                                                                                                                   serious cuts in funding
Trenton                                                                                                                                                                             and donations. Page 19
                                                                                                                                                                                         NONPROFIT SPOTLIGHT
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                                                 A L L     B U S I N E S S            ◆   ALL NEW JERSEY                             $2.00                    MARCH 9, 2009                                   www.njbiz.com




                                            Green thumbs-up for energy                                                                                                                    COBRA law
The Division of Consumer Affairs
holds businesses accountable, but
some say mandates are too strict.
                                            The economy could impede increased green energy investment in the state                                                                       puts bite
                                                                                                                                                                                          on small
Page 8                                                BY EVELYN LEE                            The state is estimated to ing projects in renewable energy,
                                            NEW JERSEY’S GREEN energy                     receive some $17.4 billion from the energy efficiency and alternative
Real Estate
                                            advocates are applauding President            $787 billion American                              fuels, according to the
                                            Barack Obama’s newly signed stim-
                                            ulus plan, which they say will help
                                            clean energy and energy efficiency
                                                                                          Recovery and Reinvest- Inside
                                                                                          ment Act, according to the • A push to create
                                                                                          Washington, D.C.-based green jobs in New million will be provided
                                                                                                                        Jersey. Page 6
                                                                                                                                             state Board of Public Util-
                                                                                                                                             ities. An additional $121.9                  businesses
                                            businesses expand and create jobs.            think tank Center for                              through the Weatheriza-                      Owners worried about
                                            But some also are concerned that              American Progress. About                           tion Assistance Program
                                            the recession could make it difficult         $90 million of federal stimulus              to improve energy efficiency in
                                                                                                                                                                                          upfront premium costs
                                            for businesses to grow, even with             money will go toward the State                 low-income housing units —
                                                                                                                                                                                                  BY BETH FITZGERALD
                                            the help of stimulus dollars.                 Energy Program for energy sav-                   ➤➤ See GREEN on page 4
Russo Development plans summer                                                                                                                                                            EMPLOYERS ARE now scrambling to
groundbreaking for Kearny project.                                                                                                                                                        implement a history-making health
Page 10                                                                                                                                                                                   care benefit: the 65 percent federal
                                                                                                                                                                                          subsidy of COBRA, the federal law that
Finance
                                                                                                                                                                                          lets ex-employees remain on the com-
Companies without a built-in business
plan could face long-term problems.                                                                                                                                                       pany health plan for up to 18 months
Page 12                                                                                                                                                                                   after losing their jobs.
                                                                                                                                                                                                The COBRA subsidy took effect
Economic Heartbeat                                                                                                                                                                        March 1, but detailed regulations
Page 14                                                                                                                                                                                   aren’t expected from the U.S Depart-
                                                                                                                                                                                          ment of Labor until March 18.
Marketing Tips                                                                                                                                                                                  “So the impact on employers is




                                                                                                                                                                      Steven J. Dundas
Page 15                                                                                                                                                                                   mass confusion, and patience is the
                                            Ed Seliga, of Advanced Solar Products, at Montgomery High                                                                                     order of the day,” said Jim O’Connor, a
Opinion                                     School’s solar panel installation.                                                                                                            partner in the Manasquan benefits
Our Point of View: New Jersey citizens                                                                                                                                                    consulting firm Egan,Amato & O’Con-
would be better s
								
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