Virginia completes rule to allow trading with RGGI

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Virginia air regulators have finalized a regulation that imposes a declining cap on carbon emissions from the state’s utilities and is intended to allow trading with the Regional Greenhouse Gas Initiative (RGGI) cap-and-trade program in the Northeast and Mid-Atlantic. However, Gov. Ralph Northam (D) is facing pressure to issue a line-item veto of a GOP-authored provision in the state budget that would prevent Virginia from joining RGGI. He has a May 3 deadline to issue any veto. …

An excerpt from InsideEPA