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As Virginia explores options for carbon trading, joining RGGI a possibility
Southeast Energy News: As Virginia Gov. Terry McAuliffe positions the state to take more aggressive steps to curb greenhouse gas emissions, joining a regional carbon trading effort is once again on the table.
The efforts come as state and local governments are taking charge of climate change mitigation efforts amid the pullback on the Clean Power Plan by the Trump administration. While attempts in each of the three previous General Assemblies to direct Virginia to join the Regional Greenhouse Gas Initiative (RGGI) – a leading multi-state cap-and trade-partnership — have fallen far short, the lack of federal direction emboldens stakeholders to try a different approach.
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