"RICHMOND — A Virginia regulatory board on Wednesday voted to withdraw the state from the Regional Greenhouse Gas Initiative, or RGGI, fulfilling a directive from Virginia Gov. Glenn Youngkin but triggering the threat of legal action from environmental groups who say the board overstepped its authority.
The state joined RGGI — a regional compact among 11 states for trading carbon credits, aimed at reducing emissions — in 2020 under a law passed when Democrats controlled the General Assembly and signed by a Democratic governor.
Youngkin (R) took office in 2022 with a vow to exit RGGI (pronounced “Reggie”), saying it leads to increased costs for consumers without providing benefits."
Gregory S. Schneider reports for the Washington Post June 7, 2023.
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