Regional Greenhouse Gas Initiative

ATTENTION: The 60-day public comment period has opened. Submit your written comments by March 31st on the Virginia Regulatory Town Hall. Details and resources are below.

The Regional Greenhouse Gas Initiative (RGGI) is a regional cap and trade program designed to reduce carbon dioxide emissions from the power sector. Regulated power plants are given allowances for CO2 emissions, which are then auctioned each quarter.

In 2020, Virginia became the first southern state to join RGGI and is the only RGGI state that dedicates fifty percent of its proceeds from these auctions towards making low-income, affordable housing more energy-efficient. These funds allow weatherization providers and affordable housing developers to provide safe, affordable, and energy-efficient homes to low-income families like never before. During the first two years of participation, RGGI provided $250M to make low-income housing in Virginia more energy efficient.

Visit the links below for more information.


Resources

Check out the VAEEC’s resources below to learn more about how the Weatherization Deferral Repair and Affordable & Special Needs Housing programs are helping Virginians across the Commonwealth.

Official Comments

Talking Points

Weatherization Deferral & Repair (WDR) Case Studies

Other

For more information on RGGI and HIEE, visit the DHCD website. You can also view the presentation slides from the VAEEC’s “Making a Difference in Low-Income Housing: How the RGGI Auctions Affect EE Work” panel at our Spring 2021 Forum.


News Articles

6

Sep 22

RGGI funds have been a game-changer for many low-income homes

As Congress passes historic climate legislation for the first time in decades, Virginia has already been combating climate change via...
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