Virginia Alternative Energy and Coastal Protection Act; established, report. (HB2018)

Introduced By

Del. Ron Villanueva (R-Virginia Beach)


Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law


Virginia Alternative Energy and Coastal Protection Act. Requires the Governor to seek to join the Regional Greenhouse Gas Initiative or other carbon trading program with an open auction of carbon allowances. The Department of Environmental Quality is directed to establish a carbon dioxide cap and trade program to reduce emissions released by electric generation stations. The revenues from the sale of carbon allowances are to be deposited in the Virginia Shoreline Resiliency Fund, a revolving fund established in 2016 for the purposes of mitigating future flood damage and creating a low-interest loan program to help residents and businesses that are subject to recurrent flooding. Read the Bill »


Bill Has Failed


01/10/2017Prefiled and ordered printed; offered 01/11/17 17102526D
01/10/2017Referred to Committee on Commerce and Labor
01/17/2017Assigned C & L sub: Special Subcommittee on Energy
01/19/2017Impact statement from DPB (HB2018)
01/31/2017Subcommittee recommends laying on the table
02/08/2017Left in Commerce and Labor


This bill was discussed on the floor of the General Assembly. Below is all of the video that we have of that discussion, 1 clip in all, totaling 35 seconds.


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