Americas > Compliance Markets & Taxes > Virginia industry group pushes back on RGGI auction switch, labels programme an illegal tax

Virginia industry group pushes back on RGGI auction switch, labels programme an illegal tax

Published 22:56 on May 25, 2021 / Last updated at 22:54 on June 27, 2021 / / Americas (Compliance Markets & Taxes, US & Canada)

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An industry group claimed Virginia’s revised RGGI regulation failed to adhere to enacting legislation in shifting to state-run auctions, while the finalised cap-and-trade rule should be stuck down as an illegal tax, according to a brief filed this week.
An industry group claimed Virginia’s revised RGGI regulation failed to adhere to enacting legislation in shifting to state-run auctions, while the finalised cap-and-trade rule should be stuck down as an illegal tax, according to a brief filed this week.


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