Among Governor Glenn Youngkin's first actions was Executive Order #9 initiating Virginia's withdrawal from the Regional Greenhouse Gas Initiative, the Northeastern US “carbon market” that sets and enforces emission limits for coal and gas power plants. RGGI also lets utilities buy “carbon credits” when emissions exceed those limits, and pass costs on to families, businesses, hospitals and schools.
Special interests will contest withdrawal, but the EO sets the proper tone for reforming Virginia's energy system. Meanwhile, though, the 2020 “Virginia Clean Economy Act” still requires that utility companies close all fossil fuel generating plants – and replace them with wind and solar power by 2045.