Tag: RGGI
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Dominion Seeks Return of RGGI Tax to Its Bills
by Steve Haner The on again, off again, direct tax on Dominion Energy Virginia bills to pay for the Regional Greenhouse Gas Initiative (RGGI) may be on again. If you feel like you are watching a shell game and just cannot find the pea, that is intentional. In its sales pitch for its latest effort…
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Support Governor Youngkin’s RGGI Repeal
by Colin M. Kelly I can only laugh at the headlines and statements being made by the media and climate alarmists about Gov. Glenn Youngkin’s efforts to pull Virginia out of the Regional Greenhouse Gas Initiative (RGGI). The headline “Returning Millions to Virginia” really grates: The state takes money out of the consumer’s pocket with…
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RGGI Tax, On Path to Repeal, Reaches $524 Million
by Steve Haner First published this morning by the Thomas Jefferson Institute for Public Policy. The tax on each ton of carbon dioxide emitted by Virginia electricity plants dropped to below $13 a ton in the most recent sale of CO2 allowances conducted by the Regional Greenhouse Gas Initiative (RGGI). That meant Virginia collected only…
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Consequences of the Zero Carbon Fantasy
By Steve Haner First published this morning by the Thomas Jefferson Institute for Public Policy. Virginians may finally be waking up to the consequences of the headlong rush to adopt utopian energy policies under our previous governor. The issues are getting more attention than ever before, and now people need to realize that all the…
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Fuel Costs Explode on Dominion Bills in July
by Steve Haner Are you enjoying paying more for gasoline? Have you noticed how that works its way through and inflates the price of just about everything else you buy? The other shoe drops in July when Dominion Energy Virginia increases its prices to reflect the rising cost of fuel. It will also spread more…
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You Just Paid More RGGI Tax, Virginians
by Steve Haner Last week Virginia collected another $76 million in carbon tax dollars through the ongoing Regional Greenhouse Gas Initiative allowance auction. That was the sixth such sale since Virginia joined RGGI, and the state’s total tax take is now $378 million in 18 months. Do not for one minute allow yourself to be…
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Weather Writer/Climate Warrior Defends RGGI Tax
by Steve Haner The Richmond Times-Dispatch weather reporter has entered the political debate over Governor Glenn Youngkin’s efforts to exit the Regional Greenhouse Gas Initiative (RGGI). But is he really a weather reporter, or a climate warrior? Sean Sublette’s on-line report on RGGI is packaged as a simple recitation of facts, but it is the…
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Do Not Move RGGI Tax Into Utility Base Rates
by Steve Haner Governor Glenn Youngkin (R) is seeking to get Virginia out of a regional carbon tax compact, yet inexplicably has offered supporters of the Regional Greenhouse Gas Initiative (RGGI) a path to protect it. His proposal would remove the tax on monthly electric bills which has galvanized opposition and move the cost of…
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A Regulatory Path to End the RGGI Carbon Tax
by Steve Haner First published today by the Thomas Jefferson Institute for Public Policy. Governor Glenn Youngkin (R) will proceed to remove Virginia from the Regional Greenhouse Gas Initiative carbon tax compact by the same route Virginia entered it: he will push to repeal the underlying regulation. As with much else in his promised “Day…
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Our Media Trusts “The Smart Ones”
by Steve Haner Not every policy imposed by government is subject to public hearings or votes. That’s one reason to vote for smart candidates who have the country’s best interests at heart and not for those who rant about personal liberty without accepting any social responsibility for individual decisions. That was part of a response…
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Youngkin to Withdraw From RGGI, End Carbon Tax
By Steve Haner First published by the Thomas Jefferson Institute for Public Policy. Governor-elect Glenn Youngkin told a business audience Wednesday afternoon that he intends to withdraw Virginia from the Regional Greenhouse Gas Initiative. His decision came two days after Dominion Energy Virginia filed a petition to increase the RGGI tax on its bills by…
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Conference Explores VA Rush to Copy CA Energy
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by Steve Haner Californians were again this week under an electricity “flex alert,” a conservation order required because of its reliance on unreliable solar and wind energy. They often cannot keep up with demand on the hotter days. Is this Virginia’s future? The government is telling Californians: Set your thermostat at 78° or higher Avoid…
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Surprise! State Underestimated Carbon Tax Cost
by Steve Haner Virginia has collected its first wave of carbon taxes from the state’s electricity generators, costs which will eventually show up on future bills. The $43.6 million take just about doubles the revenue estimates used when participation in the Regional Greenhouse Gas Initiative was being approved by the Virginia General Assembly last year.…
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The Wildest Energy Whirlwind Ever is Underway
by Steve Haner If Bacon’s Rebellion at times has been “Dominion Pravda,” providing a window into that corporate giant’s C suite, our friends at the Virginia Mercury sometimes take the opposite role of “Environmental People’s Daily.” Its story today is a good example, for what it includes and what it does not. The long, detailed…
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After Santa Comes Carbon Tax Sugar Daddy
by Steve Haner The Virginia Secretary of Natural Resources will be the sugar daddy for the carbon tax dollars raised from electricity customers, according to pending legislation to fully enroll Virginia in the Regional Greenhouse Gas Initiative (RGGI) next year. House Bill 20, sponsored by Norfolk Democrat Joe Lindsey, is similar (with some changes) to…