S 364 - Authorizes Fusion Energy Projects to Receive Funding from the Clean Energy Fund - New Jersey Key Vote

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Title: Authorizes Fusion Energy Projects to Receive Funding from the Clean Energy Fund

Vote Smart's Synopsis:

Vote to pass a bill that authorizes fusion energy projects to receive funding from the Clean Energy Fund in New Jersey.

Highlights:

  • Authorizes nuclear fusion energy projects to receive funding from the Clean Energy Fund in New Jersey (Sec. 1).

  • Amends and adds fusion to types of Class I renewable energies as defined for purposes of the “Electric Discount and Energy Competition Act.” (Sec. 1).

  • Defines “nuclear fusion” as a naturally occurring process that powers stars, and if harnessed on Earth, could potentially generate limitless clean energy (Sec. 1).

  • Specifies that the provisions of this bill shall take effect immediately upon passage and approval by the Governor (Sec. 2).

Title: Authorizes Fusion Energy Projects to Receive Funding from the Clean Energy Fund

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