Action | Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22) |
Stage | Proposed |
Comment Period | Ended on 3/31/2023 |
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Virginia’s participation in the Regional Greenhouse Gas Initiative-RGGI-is accomplishing exactly what it was designed to do - address climate change by replacing the least efficient and most heavily polluting fossil fuel generating facilities. It’s an economically sound and efficient means to address electric utilities’ huge greenhouse gas burden.
The fees utilities pay are returned to Virginia, providing funds for energy efficiency upgrades for low-income residents and for building climate resilience, such after the recent devastating floods in Buchanan County.
The Governor's attempt to override law - the will of the General Assembly signed by his predecessor - by having the Air Board remove Virginia from RGGI is clearly illegal and will constitute an overreach of unfettered power. If the Air Board complies, it will invite lawsuits to enforce the rule of law.
Please reject this unlawful and wrongheaded proposal.