The Good, The Bad, and The Ugly in Environmental News

The Good, The Bad, and The Ugly in Environmental News

When it comes to media coverage, alarmism easily dominates the headlines. Due to a 24/7 news cycle, many important topics—especially as it relates to the environment—often get overlooked by the public. Here are three environmental news stories to be aware of this week.The Good: Virginia to Withdraw from RGGIGovernor-elect Glenn Youngkin recently announced he’ll pull the Commonwealth of Virginia out of the 11-member Regional Greenhouse Gas Initiative (RGGI).Youngkin conveyed to Hampton Roads business leaders he’ll accomplish this through executive action, declaring, “RGGI describes itself as a regional market for carbon, but it is really a carbon tax that is fully passed on to ratepayers. It’s a bad deal for Virginians. It’s a bad deal for Virginia businesses.” Carbon taxes ultimately hurt producers and consumers—especially the latter.What would continued participation in this so-called carbon “market” deliver for Virginia ratepayers? Why, an additional $52.44 per year in added costs. Recent State Corporation Commission (SCC) filings revealed continued participation in the RGGI program will increase energy costs $4.37 a month, or $52.44 per year, if enacted by next September. Coupled with the estimated $800 yearly increase to energy bills if the Virginia Clean Economy Act (VCEA) proceeds, that’s not sustainable. If Youngkin follows through, this will be a win for all Virginians.The Bad: Biden EPA to Revoke Trump-Era NWPRThe Environmental Protection Agency (EPA) announced it re …

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