Share on facebook
Share on twitter
Share on linkedin
Share on email

Youngkin Says He’s Taking Virginia Out of Cap-and-Trade Scheme

Two days after Dominion filed a petition to increase the RGGI surcharge on electric bills by 83% next year, the governor elect said he would quit the regional cap-and-trade scheme instead.

“RGGI describes itself as a regional market for carbon,” Youngkin told a meeting of the Hampton Roads Chamber of Commerce. “But it is really a carbon tax that is fully passed on to ratepayers. It is a bad deal for Virginians. It is a bad deal for business and as governor, I will withdraw us from RGGI by executive action. I promised to lower the cost of living in Virginia and this is just the beginning.”

We couldn’t have said it better.

Unleash Prosperity Hotline


1155 15th St NW, Ste 525
Washington, DC 20005