by Steve Haner

The Abigail Spanberger Administration has told an energy industry publication that it plans to rejoin the Regional Greenhouse Gas Initiative by July, in time to participate in the September and December 2026 carbon dioxide allowance auctions.
Because of the accelerated timetable, the Department of Environmental Quality will not publish a draft regulation or take any public comments before acting, the reporter for Argus Media was told. Baconโs Rebellion was provided with an email copy of the Argus report, which is not yet on the public website.ย
It was not clear until now that the other RGGI states would let Virginia rejoin before the end of 2026. What was not reported and may not be decided yet is just how many allowances Virginia will be granted to offer in those two auctions.ย Argus reported:
In addition, the agency has been working with RGGI member states to iron out the finer details of Virginia’s return to the program, such as its allowance allocation. Calling its discussions with member states “positive,” DEQ said that Virginia’s allocation “will be consistent with the prior regulation” when the state first joined RGGI in 2021.
The final two auctions of 2026 are also the final two auctions of the current three-year RGGI contract period.ย Whatever allowances are granted for sale in 2026, a different and likely smaller amount will be assigned to Virginia for 2027 and beyond.ย The completion of Dominion Energyโs offshore wind facility should also push down the number of allowances granted.ย
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