Governor Glenn Youngkin is trying to withdraw Virginia from participation in the Regional Greenhouse Gas Initiative (RGGI,) and the Virginia Department of Environmental Quality (DEQ) published a Youngkin-ordered report on the program, which requires utilities to bid on carbon dioxide allowances.
“Costs are soaring for Virginia families and as governor, I pledged to address over taxation and Virginia’s high cost of living. That’s why I signed Executive Order Nine to direct DEQ to examine the impact of RGGI and start the process of ending Virginia’s participation. This report reveals that RGGI is in reality a carbon tax passed on to families, individuals and businesses throughout the Commonwealth – it’s a bad deal for Virginians,” Youngkin said in a press release Tuesday.
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