Virginia Legislature Passes Bill Aimed at Blocking Participation in Regional Carbon

Virginia Legislature Passes Bill Aimed at Blocking Participation in Regional Carbon-Trading Program

The Virginia legislature approved a bill that would prohibit the governor or any state agency from participating in a regional carbon market, without a two-thirds majority vote from both the legislative chambers. The state is considering its own proposed cap-and-trade rule designed to link with the nine-state Regional Greenhouse Gas Initiative, or RGGI, the nation’s…...