Virginia Alternative Energy and Coastal Protection Act; established, report. (HB2018)
Introduced By
Del. Ron Villanueva (R-Virginia Beach)
Progress
✓ |
Introduced |
✗ |
Passed Committee |
☐ |
Passed House |
☐ |
Passed Senate |
☐ |
Signed by Governor |
☐ |
Became Law |
Description
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 »
Outcome
Bill Has Failed
History
Date | Action |
---|---|
01/10/2017 | Committee |
01/10/2017 | Prefiled and ordered printed; offered 01/11/17 17102526D |
01/10/2017 | Referred to Committee on Commerce and Labor |
01/17/2017 | Assigned C & L sub: Special Subcommittee on Energy |
01/19/2017 | Impact statement from DPB (HB2018) |
01/31/2017 | Subcommittee recommends laying on the table |
02/08/2017 | Left in Commerce and Labor |
Comments
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