#Virginia becomes the first Southern state with a goal of #carbonfree energy — The Washington Post #ActOnClimate #KeepItInTheGround

Emissions trading is one example of a market-based solution to an environmental problem. Image credit: Arnold Paul/Gralo via Wikipedia.

From The Washington Post (Gregory S. Schneider):

The coronavirus is scrambling Virginia’s budget and economy, but it didn’t prevent Gov. Ralph Northam (D) from signing legislation that makes it the first Southern state with a goal of going carbon-free by 2045.

Over the weekend, Northam authorized the omnibus Virginia Clean Economy Act, which mandates that the state’s biggest utility, Dominion Energy, switch to renewable energy by 2045. Appalachian Power, which serves far southwest Virginia, must go carbon-free by 2050.

Almost all the state’s coal plants will have to shut down by the end of 2024 under the new law. Virginia is the first state in the old Confederacy to embrace such clean-energy targets.

Under a separate measure, Virginia also becomes the most Southern state to join the Regional Greenhouse Gas Initiative — a carbon cap-and-trade market among states in the Northeast.

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