The best of EcoWatch, right in your inbox. Sign up for our email newsletter!
By David Leestma
Following last week's Democratic victory for Ralph Northam in Virginia's gubernatorial race, regulators in the state will seek approval to join the East Coast's regional carbon-trading market, the RGGI.
The regulators' draft proposal, released on election night, would cap carbon emissions from Virginia's electricity sector by 2020 and reduce them by 30 percent over the coming decade. To accomplish this, Virginia would halt carbon emissions at either 33 million or 34 million tons per year and cut emissions by three percent each year, in accordance with RGGI commitments made in August.