It looks like Virginia needs more revenue. They are plotting to join the Regional Greenhouse Gass Initiative (RGGI).
It also has returned $2.8 billion to those states from the auctioning of permits allowing power plants to emit carbon dioxide. That money mostly goes to renewable energy and energy efficiency projects, which helps the environment and brings down utility bills.
By regulator slight of hand, 2.8 billion dollars appear miraculously out of thin air to be distributed by benevolent legislators who, after a small handling fee for paperwork and processing, promise to lower utility bills.
Note to Virginia. It’s a scam.
-
Steve is a long-time New Hampshire resident, an award-winning blogger, and a member of the Board of Directors of The 603 Alliance and the National Heritage Center for Constitutional Studies. He is the owner of Grok Media LLC and the Managing Editor, Executive Editor, assistant editor, Editor, content curator, and more (yes, there's more) at GraniteGrok.com. Steve is also a former board member of the Republican Liberty Caucus of New Hampshire, the Republican Volunteer Coalition, and has worked for or with many state and local campaigns and grassroots groups, and is a past contributor to the Franklin Center for Public Policy.
View all posts
