The projected consumer cost of Dominion Energy Virginia’s conversion to wind and solar power rises steeply in the utility’s latest capital spending plan. Although slightly reduced from earlier estimates, the utility told the State Corporation Commission its residential customers may see prices jump more than 50% by 2030 and 70%...
Virginia’s leaders are no longer debating whether to cut state taxes. The argument now will be over how to cut state taxes. Outgoing Democratic Governor Ralph Northam announced Tuesday that his final introduced budget will include $2.1 billion in lower taxes, created by a one-time rebate to all taxpayers, a...
Virginia’s automotive sales market is now officially controlled in Sacramento, with the likelihood that no new internal combustion engines can be sold in the Commonwealth after 2035. The Virginia Air Pollution Control Board, acting not with discretion but on orders from the General Assembly, voted December 2 to adopt Advanced...
Governor-elect Glenn Youngkin told a business group audience Wednesday afternoon that he intends to withdraw Virginia from the Regional Greenhouse Gas Initiative. His decision came two days after Dominion Energy Virginia filed a petition to increase the RGGI tax on its bills by 83 percent next year. “RGGI describes itself as...
Virginia’s Safety and Health Codes Board on Friday voted down a proposed workplace heat protection standard, strongly opposed by the state’s business community but ardently sought by organized labor and farmworker advocates. The Department of Labor and Industry (DOLI) was seeking to push the proposed rules out for a final...
The Governor of Connecticut has abandoned his efforts to enroll that state in the Transportation and Climate Initiative, an interstate compact which would impose a cap, tax and ration scheme on gasoline and diesel fuel. Virginia remains a part of the planning group that developed the compact, which has now...
Virginia’s new collective bargaining law is forcing local government officials to deal with a controversial issue fraught with potential errors and legal risks. If the 2021 election showed anything, it was that Virginia voters felt the Commonwealth was going in the wrong direction. The sweep of Republicans for governor, lieutenant...
Dominion Energy Virginia’s announcement Friday that its proposed offshore wind project has jumped almost 25% in cost to $10 billion, with years to go before construction even starts, has put Virginia’s energy policy and its response to claims of climate disaster on the front burner for 2022. Below are my...
It’s official now: Even the Joint Legislative Audit and Review Commission (JLARC) has documented and highlighted how poorly Virginia’s economy is performing, how far our state is lagging national growth averages. The admission comes in the most recent summary on state spending trends, an annual report (detailed version here) which was submitted to...
Any claim that Virginia cannot reduce taxes on its citizens without damaging state programs has been further eroded by two recent announcements. The explosion of revenue from recent state tax increases is continuing, pointing to a potential repeat of last year’s $2.6 billion general fund surplus, which the state’s leadership is...
