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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It is difficult for economists to accurately evaluate the costs and benefits of various climate change policies. But, the US government has been using a measure called the “social cost of carbon,” currently set at $51 per ton of carbon emitted.
It will be important for Virginians to know two things before asked to vote on RGGI: