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 Proposed
Comment Period Ended on 3/31/2023
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3/7/23  9:41 am
Commenter: Allison Woodward

Do not bow to pressure to stay in RGGI
 

There are 3 essential arguments against staying in RGGI

  1.  RGGI imposes a carbon tax which has cost VA electricity generators more than $500MM in just 2 years, costs which are passed along to consumers.  Another $300MM will likely be collected in 2023.  Almost 70% of the total is paid by customers of Dominion Energy VA.
  2. Virginia generators and other industrial energy users were already moving away from coal and natural gas and RGGI has not accelerated that trend, which will continue without RGGI.  Other laws and market forces are driving the changes.
  3. Despite lower emissions Virginia, RGGI has not and will not lower CO2in the atmosphere.  Virginia uses electricity from the entire PJM interconnection region, including several states which are not part of any such compact, and CO2 levels are going up worldwide.

Additionally it continues to bewilder the imagination that we do not turn to nuclear as an alternative source of energy.  These policies cannot shift the climate - they are obviously wealth transfers for other political purposes.

CommentID: 209791