Virginia court delays state’s return to carbon market as Youngkin fights ruling

A Virginia judge has paused the state’s court-ordered return to the Regional Greenhouse Gas Initiative (RGGI) while Gov. Glenn Youngkin appeals the decision, delaying millions in climate and flood-preparedness funding.

Charles Paullin reports for Inside Climate News.

In short:

A Floyd County judge ruled Virginia does not have to rejoin RGGI while Youngkin's appeal proceeds, extending the legal battle potentially for years.
RGGI had generated about $830 million for Virginia since 2021, with funds directed toward energy efficiency and flood preparedness programs.
Environmental groups argue Youngkin's withdrawal was illegal and has already led to increased emissions and lost funding for clean energy initiatives.

Key quote:

“Unfortunately, we also know that Helene will not be the last disaster we face in Virginia.”

— Emily Steinhilber, Environmental Defense Fund

Why this matters:

RGGI is a multi-state effort to cut carbon emissions by requiring power producers to buy pollution allowances, with proceeds funding climate resilience projects. Virginia’s withdrawal has already led to higher emissions and halted funding for flood preparedness. With severe weather becoming more frequent, the loss of these funds could leave vulnerable communities unprotected. Youngkin’s opposition — calling RGGI a "tax" — puts the program’s future at risk, especially as the state’s leadership may change following upcoming elections.

insideclimatenews.org

Virginia court delays state’s return to carbon market as Youngkin fights ruling

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