Dominion Wants 'Flexible Compliance' as Virginia Considers Carbon Caps
View on Southeast Energy News website"Economists from NRDC and Resources for the Future summarized updating their respective computer models that project how states and utility ratepayers stand to benefit from joining RGGI. The models appeared to show how retail electricity prices could decline by reducing the cost of complying with an emissions cap and then selling allowances for reductions achieved below the state’s cap. Some of those states’ electricity rates and customer bills are higher than those charged by Dominion so any projections of significant savings are likely to be challenged by RGGI opponents."
