In state emissions fell by 6.6 million tons from 2020 to 2022 due to a 12% decline in in-state power production, 
electricity imports skyrocketed from 12% to 30% of the state's power demand, generating 10.3 million tons in emissions, 
Stevenson argued, citing data from the U.S. Energy Information Agency. 
https://www.eia.gov/electricity/data/state/
https://www.eia.gov/electricity/monthly/
"With power demand on the rise, RGGI will force Virginia to become even more dependent on imports, especially during 
those periods of low or no production from solar or wind," 
(https://www.thomasjeffersoninst.org/under-rggi-virginia-releases-more-co2-not-less/) Steve Haner, senior fellow 
for the Thomas Jefferson Institute for Public Policy. "The whole justification for the new regulatory scheme 
Dominion Energy Virginia demanded and got in 2007 was to finance a massive program of building in-state generation 
to reduce dependence on imported power."
Power companies can purchase carbon dioxide offsets at an auction in order to meet the RGGI's climate targets, which 
has thus far generated $590 million for the state of Virginia, Haner reported. In addition to the cost of these 
auctions, Stevenson estimates that Virginia power companies lost out on roughly $840 million in revenue due to 
decreased in-state power generation.