Virginia Regulatory Town Hall
Agency
Department of Environmental Quality
 
Board
Air Pollution Control Board
 
chapter
Regulation for Emissions Trading [9 VAC 5 ‑ 140]
Action Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22)
Stage NOIRA
Comment Period Ended on 10/26/2022
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10/10/22  10:32 am
Commenter: Robert G Shendock

Resilient Infrastructure Funding
 

I’m opposed to Governor Glenn Youngkin trying to pull Virginia out of the Regional Greenhouse Gas Initiative (RGGI). This agreement between eleven states reduces carbon emissions, pays for increasing energy efficiency in low-income homes and local flood preparedness. As a resident of Chincoteague Island, a VA coastal town, I experience the real need for meaningful action.

I have little to no confidence that the Repeal Without Replacement approach to future funding of the Community Flood Preparedness Fund will result in availability of meaningful affordable resources. The new Resilient Virginia Revolving Loan Fund may assist in funding projects, however, repayment costs to property owners would far exceed the minimal monthly energy bill savings.

This is of significant concern as building resilient infrastructure is a responsibility of county and local governments – the real estate taxing authorities.  Unfortunately, these projects are usually far beyond their financial capabilities and require state grant support. Providing resilient roadways, especially evacuation routes, falls primarily on the state.

Virginia received $228 million dollars from RGGI participation in 2021 for flood protections and energy efficiency programs. Much more is needed. Few people feeling the effects of recurrent flooding will be thankful they save a few dollars a month on their energy bills as their property values erode.

CommentID: 188338