Action | Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22) |
Stage | NOIRA |
Comment Period | Ended on 10/26/2022 |
It makes no sense for Virginia to withdraw in any way from the Regional Greenhouse Gas Inititative (RGGI). Global warming, driven by man-made greenhouse gas emissions, is a direct and immediate threat to life and property across the Commonwealth. Prevention is always less costly than remediation. The RGGI provides needed assistance to provide flood assitance for communities already being affected by the impacts of global warming and, even more importantly, provides funding for low-income fuel-efficiency improvements that might not occur without this source of investment. Since this participation in RGGI has benefitted so many Virginians with over $400 million in these two important areas of need, please do not act on the proposal to withdraw our participation in the RGGI.