Tag Archives: RGGI

Is the Goal Cutting CO2 or Imposing a Tax?

While it would have been a popular step with his political base, and one he was expected to take, Governor Ralph Northam may have been smart to pass on seeking to veto state budget language preventing Virginia membership in the Regional Greenhouse Gas Initiative.

Nothing in the budget language prevents the Air Pollution Control Board from moving forward with caps on carbon dioxide emissions from Virginia’s larger electrical generating plants. It will just have to be a Virginia-only program, one possibly less flexible (and less politically rewarding) than membership in that northeastern regional compact. There will be no opportunity to buy credits from Rhode Island to exceed your emission goals.  Continue reading

SCC Details High Customer Cost of RGGI

RGGI states

The State Corporation Commission staff has “shown its work” on an earlier estimate of electricity rate increases resulting from Virginia’s participation in the Regional Greenhouse Gas Initiative, despite a Democratic legislator’s complaint in Sunday’s Washington Post it was not being transparent.

“Even if you agree with the SCC, its analyses should be public information designed to inform the public debate. The SCC, however, has chosen a less transparent route, disadvantaging the public and the legislature from having all the necessary information to determine energy policy in the commonwealth,” Delegate David Toscano of Charlottesville wrote.   Continue reading