The first hurricane of 2024, Hurricane Beyrl, is now in the books. Beryl reminded us that hurricanes are a powerful force of nature – a force that causes much fear and anxiety. The stronger and more destructive the hurricane, the deeper it becomes ingrained in our collective consciousness. Katrina, Andrew, Sandy, Harvey –...
There is a growing recognition that the Virginia Clean Economy Act (VCEA) as written is going to fail. Those who strongly believe in its goal of ending the use of hydrocarbon fuels, and those who consider that idea nothing but fool’s gold, both see major problems on the horizon. There...
A senior Democratic state senator is leading an effort to review and possibly revise the 2020 Virginia Clean Economy Act (VCEA), which orders the future elimination of hydrocarbon fuels (oil, natural gas, and coal) used in making electricity. His goal is to conduct a stakeholder process and bring legislation to...
One standard response when the Thomas Jefferson Institute challenges the wisdom of electricity carbon taxes or electric vehicle mandates is, are we not worried about the looming climate crisis? The simple answer is no. Data that undercuts the entire alarmist narrative are easy to find. The premise for the 2020 Virginia Clean Economy Act, which...
Governor Glenn Youngkin recently flew to Louisiana to join other Republican governors in criticizing President Joe Biden’s energy policy, especially the president’s hostility to hydrocarbon fuels. Youngkin and the rest gathered at an oil refinery to make their point that oil and gas should not go away in the decades to...
Virginia Governor Glenn Youngkin (R) and Attorney General Jason Miyares (R) announced today that Virginia will no longer comply with the California air regulations that will restrict and eventually eliminate the sale of gasoline and diesel vehicles. The announcement is sure to set off a political and legal firestorm as fierce as last...
While there has been much celebration at the passage of a new $188 billion biennial budget for Virginia, this deal would not have been possible had there not been close to $1.06 billion in higher-than-expected tax revenue ($1.2 billion by the end of the year) to cover the massive spending...
In today’s Roanoke Times, Thomas Jefferson Institute President Derrick Max rebutted the false claim that convenience stores will have to close if Governor Youngkin doesn’t approve the expansion of skill games into convenience stores across the Commonwealth. Max wrote (links added below are not in printed version): While all retail outlets experienced...
After much political theater, the Virginia General Assembly and Governor Glenn Youngkin (R) have now compromised on a $188 billion state budget based simply on the revenue projected from current tax law, with neither tax hikes nor tax reductions. Making those revenue projections slightly more optimistic eased the path. With both sides backing...
After a month of unproductive political theater, Virginia’s leaders will finally sit down like adults and negotiate the budget. Better late than never. The message is “everything is back on the table,” which leaves the door wide open for the tax increase central to the Democrat’s demands. That deserves a quick...
