Saturday, May 28, 2022
Street Wise Politics
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Virginia’s new Republican governor is moving to withdraw his state from a regional carbon emissions-trading exchange to which 10 coastal and New England states currently belong, a move that promises to be a major setback for the left-wing environmentalist agenda. On Jan. 15, the day he took office, Gov. Glenn Youngkin signed Executive Order 9, which directs state officials “to re-evaluate Virginia’s participation in the Regional Greenhouse Gas Initiative and immediately begin regulatory processes to end it.”
Youngkin said last month he would take Virginia out of the Regional Greenhouse Gas Initiative, or RGGI, as The Epoch Times previously reported. The RGGI—some pronounce the acronym as “Reggie”—describes itself as “a cooperative, market-based effort among the states of Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Rhode Island, Vermont, and Virginia to cap and reduce CO2 emissions from the power sector.” Such systems aim to reduce the quantity of carbon …

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