RGGI provides critical funding for communities and localities
RGGI has generated $378 million of critical funding to support low-income energy efficiency programs and flood resilience infrastructure in Virginia.
Energy efficiency upgrades are the best way to lower electricity bills, and Virginia’s funds are directed to helping those households most in need.
Flood resilience infrastructure protects Virginians against increased flooding and extreme weather events.
RGGI results in energy cost savings
Electricity prices in RGGI states dropped by almost 6% as they went up by almost 9% throughout the rest of the country. RGGI is saving Virginians’ money and supporting the transition from volatile fossil fuels.
RGGI results in pollution reduction
RGGI states reduce climate-warming emissions 90% faster than the rest of the country - while growing 31% faster economically.
Since 2008, RGGI states have slashed their emissions by over 50 percent. Before RGGI, Virginia’s emissions weren’t going down.
RGGI results in improved public health
RGGI has significantly improved public health by transitioning away from energy generation that pollutes air and water.
RGGI has been working for other states for years, improving their public health by an estimated $5.7 billion.