|Action||Repeal CO 2 Budget Trading Program as required by Executive Order 9 (Revision A22)|
|Comment Period||Ends 3/31/2023|
Continue Virginia's participation in RGGI.
Virginia's participation in RGGI is already having a positive effect on the well-being of Virginians: Power plant emissions have consistently decreased, which means cleaner air, which means fewer respiratory illnesses and premature births, which means less healthcare costs and fewer missed days of school (which means more productivity and better education) and missed days of work (which also means more productivity and less cost to employers.)
Virginia's participation in RGGI is already having a positive effect on the economy: It is generating funds that are providing safe, affordable and energy-efficient homes to low-income families in ways that were never possible before RGGI. And it is providing dedicated funding to localities to plan for and prevent recurrent flooding. There is a massive need for this throughout Virginia - including in my City of Alexandria, especially in Old Town which is dependent on tourism and small businesses and where it floods regularly. And RGGI helps ensure that power plant owners work to reduce reliance on fossil fuels, costs of which are soaring and passed on to Virginians - many of whom are low income and cannot afford continuing high costs of energy.
Virginia's participation in RGGI is already the law: The 2020 law mandates it and it is to be continued.