Va. Utility Cos. Will Pass Cost of RGGI Carbon Tax on to Ratepayers
Virginia is officially rejoining the Regional Greenhouse Gas Initiative (RGGI) carbon tax scheme this July after a liberal court deemed its previous withdrawal under former Governor Glenn Youngkin unlawful. This reentry forces utilities like Dominion Energy to resume purchasing carbon credits---modern-day indulgences for the "sin" of emitting carbon dioxide, the same thing mammals exhale with every breath. The cost will be passed on to ratepayers through monthly bill increases. Virginians have no one to blame but themselves when their electric bills soar due to this idiotic carbon tax that does nothing more than allow politicians to pass out money to their favorite constituent groups as a reward for voting them into office. Welcome to the USSR of Virginia.To view this content, log into your member account. (Not a member? Join Today!)
