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HomeMy Public PortalAbout2015_11_10_R132 Regional Greenhouse Gas Initiative The Town of Leesburg, Virginia PRESENTED November 10, 2015 RESOLUTION NO. 2015-132 ADOPTED November 10, 2015 A RESOLUTION: SUPPORTING LEGISLATION FOR VIRGINIA TO PARTICIPATE IN THE REGIONAL GREENHOUSE GAS INITIATIVE WHEREAS,the Commonwealth of Virginia has established a statewide energy efficiency goal of 10%energy conservation by 2020 based upon 2006 levels; and WHEREAS, the Commonwealth has achieved only 1% energy savings to date since the 10% statewide goal was established; and WHEREAS, the average monthly electric bills of residential customers throughout the Commonwealth is $125.36, ranking 8th highest among all states nationally, and more than$15 higher than the national average; and WHEREAS, the Council desires to express its support of energy conservation to promote environmental sustainability; and WHEREAS, House Joint Resolution No. 50 (2012) and Senate Joint Resolution No. 76 (2012)requested the Virginia Institute of Marine Science (VIMS)to study strategies for adaptation to prevent recurrent flooding in Tidewater and Easter Shore Virginia localities; and WHEREAS, the resulting VIMS report, "Recurrent Flooding Study for Tidewater Virginia",published as Senate Document No. 3 (2013) states: "Recurrent flooding is a significant issue in all localities in Virginia coastal localities and one that is predicted to become worse over reasonable planning horizons (20-50 years)"; and WHEREAS,the Council desires to express its support for funding solutions to localities in Tidewater and Eastern Shore Virginia localities for adaptation to prevent recurrent flooding. THEREFORE RESOLVED, by the Council of the Town of Leesburg in Virginia that the Council hereby supports legislation in the 2016 General Assembly session that provides state - 2 - A RESOLUTION: SUPPORTING LEGISLATION FOR VIRGINIA TO PARTICIPATE IN THE REGIONAL GREENHOUSE GAS INITIATIVE assistance to low and moderate income homeowners by participating in the Regional Greenhouse Gas Initiative (RGGI),that establishes a regional CO2 electric power sector cap and trade program, and directing revenues generated from the program to energy efficiency programs to help reduce customer bills and promote energy conservation. Enabling legislation joining the state into RGGI would also provide economic development assistance to localities in Tidewater for flooding and sea level rise adaptation measures. PASSED this 10th day of November.,2015. Kristen C. U stattd,Mayor Town of Leesburg ATT T: ( ,- \ ? ♦t Clerk of Col" P:\Resolutions\2015\1110 Regional Greenhouse Gas Initiative.doc