Action | Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22) |
Stage | Final |
Comment Period | Ended on 8/30/2023 |
Virginia needs the Regional Greenhouse Gas Initiative (RGGI). By law, 50% of RGGI revenue goes to low-income energy efficiency programs, mitigating rate increases for energy burdened households. RGGI dollars are being used in every region of Virginia.
This year we are seeing the devastating effects of climate disruption caused by greenhouse gas emissions. A carbon cap-and-trade program is an effective state action to mitigate emissions. Most other actions to address the climate crisis require federal government intervention. This is the one strategy which is within Virginia’s power to act.
Thank you for listening! MJ Pearson