| 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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The newest report from the UN’s Intergovernmental Panel on Climate Change indicates that we only have until 2030 to cut carbon emissions in half if we want to keep global warming under 1.5 degrees C. Since RGGI has a proven track record of reducing carbon emissions in participating states, it would be foolish and irresponsible to stop participating in this program. Plus, profits from the program aid lower-income Virginians in weatherizing their homes, which helps people save money and use less energy. Profits also help mitigate effects of sea-level rise, which will only get worse as the planet continues to warm. What we do (or don’t do) right now will affect this planet for thousands of years. Please make the smart choice—keep Virginia in RGGI!