Virginia court delays state’s return to carbon market as Youngkin fights ruling

Lawmakers Pave Way for Duke Energy to Increase Rates and Profits, Backtrack on Climate Pollution Reduction Plan

The Republican-controlled General Assembly is fast-tracking a bill that would raise energy customer prices and undo benchmarks for Duke Energy to meet carbon neutrality. Senate Bill 261 was filed by State Sen. Paul Newton, a former Duke Energy executive. Republican...

Virginia court delays state’s return to carbon market as Youngkin fights ruling

A Virginia judge has paused the state’s court-ordered return to the Regional Greenhouse Gas Initiative (RGGI) while Gov. Glenn Youngkin appeals the decision, delaying millions in climate and flood-preparedness funding.Charles Paullin reports for Inside Climate News.In short:A Floyd County judge ruled Virginia does not have to rejoin RGGI while Youngkin's appeal proceeds, extending the legal battle potentially for years.RGGI had generated about $…