On Monday, The Washington Free Beacon posted an article about Democratic Virginia Governor Abigail Spanberger’s decision to rejoin the Regional Greenhouse Gas Initiative.
The article reports:
Democratic Virginia governor Abigail Spanberger’s decision to reenter her state into a controversial green energy program is projected to cost Virginians nearly $1.2 billion over the next two years, due to higher electric bills, despite Spanberger’s claim that the move was about “cost savings” and “lowering bills for families who need help most,” according to state filings.
Spanberger’s Republican predecessor, Glenn Youngkin, had pulled Virginia out of the Regional Greenhouse Gas Initiative in 2022, calling it a hidden and “regressive” tax that disproportionately impacted lower-income families.
The RGGI, which critics say functions like a carbon tax, forces utility companies in participating states—11 Northeastern and Mid-Atlantic states, all but one with a Democratic governor—to pay states for greenhouse gases they emit. The states are then supposed to reinvest that money into green energy programs, including so-called environmental justice programs that make the homes of lower-income families more energy efficient. That would, the theory goes, eventually lower these families’ electric bills.
Spanberger, who ran as a moderate Democrat in 2024 but since entering the governor’s mansion has pulled the state sharply to the left, quickly rejoined the RGGI.
The article notes:
Dominion Energy, the state’s main electricity provider, calculated RGGI’s shocking $1.2 billion price tag for Virginians based on the number of “allowances” it would be forced to buy to account for the carbon emissions from its power plants, according to the filings it submitted this month with state regulators.
Typically, power companies subject to the RGGI simply pass down the costs to their customers. Dominion said the $1.2 billion allowance cost would be applied to residential bills in the form of a surcharge, increasing the average Virginian household’s electric bill by roughly $13 per month, or 7.5 percent. Virginia’s State Corporation Commission must approve that surcharge before Dominion can implement it.
Green energy programs are generally NOT about green energy. They are generally about funneling money to entitles and friends who make large donations to Democrat candidates.