Action | Reduce and Cap Carbon Dioxide from Fossil Fuel Fired Electric Power Generating Facilities (Rev. C17) |
Stage | Proposed |
Comment Period | Ended on 3/6/2019 |
Entering into the RGGI would require the state’s utilities to pay a carbon tax on their fossil fuel power plants and to reduce operation of those plants, this cost would be passed on to consumers and could cost ratepayers of Dominion Energy Virginia $3.3 to $5.9 billion over the first decade, according to a State Corporation Commission staff estimate. This is just a backdoor tax on us and does nothing to solve any problem related to climate change, sea level rise or clean air. I oppose this cap and trade bill that will benefit those selling the credits by picking our pockets and would hurt those who are already struggling on fixed incomes and the poor.