Virginia Regulatory Town Hall
Agency
Department of Environmental Quality
 
Board
Air Pollution Control Board
 
chapter
Regulation for Emissions Trading [9 VAC 5 ‑ 140]
Action Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22)
Stage Final
Comment Period Ended on 8/30/2023
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8/7/23  6:37 pm
Commenter: Arina van Breda

VA must stay in RGGI
 

Virginia and the rest of  the US and the world is struggling to deal with the catastrophic effects of global warming. This is NOT the time to roll back what few, admittedly limited, tools we have to mitigate some of the worst ravages of the global crisis. There are many reasons why RGGI benefits ALL Virginians - here is just a partial list.

  • People all over Virginia have benefited from RGGI.
  • Flood damage is increasing across the Commonwealth and, by law, 45% of RGGI Revenue addresses flooding.
  • Revenue from RGGI has surpassed half a billion dollars, far outstripping projections by state officials.
  • No sustainable funding source has been proposed to replace the revenue from RGGI needed to address flooding. And no funds have been proposed to replace the 50% of RGGI revenue mandated to permanently reduce the energy burden on low-income households through weatherization.
  • Only the General Assembly can repeal a law, it is not within the power of a governor or a state board. Attempts to circumvent the legislature will end in court and taxpayers will have to pay to defend an action they oppose.
  • RGGI uses cap-and-trade, a proven, market-based system that reduces emissions.   It is an essential part of Virginia’s Clean energy future.  

Please do not leave this common sense, beneficial program. All Virginians will benefit by staying in RGGI. 

CommentID: 218522