ANALYSIS: Virginia RGGI withdrawal needs climate law overturn, though possible exit could be orderly

Published 22:31 on January 19, 2022  /  Last updated at 16:55 on January 20, 2022  /  Americas, Canada, US  /  No Comments

Virginia Governor Glenn Youngkin (R) will most likely have to follow a measured legislative process in order to withdraw from the RGGI cap-and-trade programme, though an eventual exit from the carbon market could be more orderly than originally feared, market observers and legal experts told Carbon Pulse.

Virginia Governor Glenn Youngkin (R) will most likely have to follow a measured legislative process in order to withdraw from the RGGI cap-and-trade programme, though an eventual exit from the carbon market could be more orderly than originally feared, market observers and legal experts told Carbon Pulse.

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