Action | Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22) |
Stage | Proposed |
Comment Period | Ended on 3/31/2023 |
RGGI is working for Virginia! In just two years' participation , RGGI has brought almost two billion dollars in revenue from polluters; it is a great incentive for polluters to reduce reliance on fossel fuels for energy production. Virginia's power plant emissions have dropped 16.8% in those two years and public health in Virgina has improved. RGGI has been the source of funding for low-income, energy efficiancy projects and flood preparedness for communities across the state. It is an essential component in helping us meet the goal of 100% renewable energy by 2050, by which time irreversible, cataclismic harm to our planet Earth will be felt in unviable air, water and soil, and in the extinction of thousands more species. As fossil fuel costs continue to soar, RGGI helps protect Virgina utility customers from bills they cannot afford.
Besides the above arguments for continuatiion of Virginia's staying with the RGGI, the proposal to withdraw is illegal, according to the laws of 2022.
Thank you for considering this point of view.