A task force will spend 18 months studying how to factor state carbon policies into the wholesale electricity market.
Even after an expected veto, Republicans in Virginia’s General Assembly will have leverage to shape RGGI effort.
By issuing a pair of vetoes Thursday, Virginia Gov. Ralph Northam sent a message to the legislature and beyond that he is intent on sticking with an aggressive carbon-cutting agenda.
Stakeholders said cutting greenhouse gases from transportation will be more complex than power plants.
More ambitious targets and other reforms spurred higher auction prices and more money for efficiency programs.