Agencies | Governor
Virginia Regulatory Town Hall
Agency
Department of Environmental Quality
Board
Air Pollution Control Board
chapter
Regulation for Emissions Trading [9 VAC 5 ‑ 140]
Action Reduce and Cap Carbon Dioxide from Fossil Fuel Fired Electric Power Generating Facilities (Rev. C17)
Stage Proposed
Comment Period Ends 3/6/2019
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2/28/19  9:14 pm
Commenter: Cliff McCreedy

Support this Regulation - Virginia Step Up and Join RGGI
 

Adopt this regulation. Cap and trade was instituted decades ago under the Clean Air Act to reduce sulfur dioxide emissions and fight acid rain. It worked amazingly for far less cost than predicted. This regulation is not identical but similar. Critics who call RGGI a tax or burdensome regulation ignore what this really is: a simple solution that uses the market to solve a problem.  "Regulated power plants can use a CO2 allowance issued by any participating state to demonstrate compliance in any state. They may acquire allowances by purchasing them at regional auctions, or through secondary markets." Better than the alternatives - if you are against them, then support this program.