Action | Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22) |
Stage | Final |
Comment Period | Ended on 8/30/2023 |
Virginia needs the Regional Greenhouse Gas Initative (GGI). By law, 50 % of RGGI revenue goes to low-income energy effiency programs, mitigating rate incras for enrgy burdened households. RGGI dollars are bein used in every region in Virginia.
Also this year we are seeing the devasting effects of climate disruption caused by greenhouse gass emissions. A carbon cap-and-trade program is an effective state action to mitigate emmisions. Most other actions to address the climate crisis require federal government intervention. This is the one strategy which is within Virginia's power to act.