VA’s New Republican Gov Pledges to Cancel RGGI Carbon Tax

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Virginia's new incoming governor, Glenn Youngkin, said yesterday that he will use his executive power to withdraw Virginia from a program called the Regional Greenhouse Gas Initiative (RGGI)--nothing more than a high tax on carbon dioxide. Youngkin called RGGI a tax on electricity ratepayers and a bad deal for ratepayers and for business. Youngkin, unlike Pennsylvania Gov. Tom Wolf, gets it. He understands. And he's willing to put ratepayers and businesses first.

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