HB 892 would create a special carve-out from the Regional Greenhouse Gas Initiative (RGGI), identical to SB 398 which was previously (and correctly) defeated in the Senate.
There is no justification for a unique ability to bypass RGGI, and HB 892 would create an unnecessary precedent. Virginians are already benefiting from $237 million toward flood resilience and energy efficiency efforts in the first year.
RGGI is proven to bring economic, health and energy efficiency benefits to participating states. Allowing special carve-outs from RGGI is a bad deal for Virginians.
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Talking Points