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Governor Glenn Youngkin Releases Virginia’s Energy Plan

RICHMOND, VA — Today, Governor Glenn Youngkin unveiled the 2022 Virginia Energy Plan in Lynchburg, Virginia. The plan focuses on an all-of-the-above approach that harnesses nuclear, natural gas, renewables, and new energy sources to satisfy the increasing energy needs of the Commonwealth. The Plan also outlines an increase in nuclear energy and an objective to make Virginia the world’s leading nuclear innovation hub.

“A growing Virginia must have reliable, affordable and clean energy for Virginia’s families and businesses. We need to shift to realistic and dynamic plans. The 2022 Energy Plan will meet the power demands of a growing economy and ensures Virginia has that reliable, affordable, clean and growing supply of power by embracing an all-of-the-above energy plan that includes natural gas, nuclear, renewables and the exploration of emerging sources to satisfy the growing needs of Commonwealth residents and businesses,” said Governor Glenn Youngkin.

“Energy is a key driver of economic productivity and growth. Existing businesses are reliant on the grid to deliver energy on-demand every second of every day. Businesses considering Virginia as a state to open or relocate their businesses expect energy ready sites and choice of energy generation sources. All Virginians and businesses deserve access to reliable, affordable, clean and abundant energy. As we explore various pathways to managing the energy transition underway, we look forward to supporting innovative thinking across the Commonwealth to support the Governor’s goal of making Virginia the best place to live, work and raise a family,” said Secretary of Commerce and Trade Caren Merrick. 

“I am thrilled that the 2022 Virginia Energy Plan recognizes Virginia’s unique nuclear advantage. Two of the nation’s largest nuclear manufacturing companies are located here in Lynchburg. They offer exciting opportunities to research and develop cutting-edge nuclear generation technologies that will create new, high-paying jobs in the Commonwealth while delivering reliable energy to Virginians. I am also glad Governor Youngkin’s plan includes actions to protect our natural resources, including farmland, rivers, and streams,” said House Commerce and Energy Chair, Delegate Kathy Byron. 

“The Plan’s strong support for an all-the-above energy approach is a meaningful step to ensure that Virginia has a reliable energy grid into the future. Virginians deserve an energy portfolio that prioritizes affordability, innovation, and makes real investments in nuclear power generation,” said Republican Leader Pro Tempore, Senator Steve Newman. 

“The Virginia Energy team is excited to have the opportunity to work with the Governor and his Administration on pursuing an energy plan for Virginia that explores all of the many options as well as challenges in the transition of existing energy supply resources to clean energy resources. Existing assets represent significant consumer investment and are a critical component of a clean energy transition in order to maintain reliability and affordability. Acknowledging all of the emerging clean energy technologies as compliments to wind, solar, and storage offers flexbility and the opportunity to advance those that align with the Virginia advantage. Stakeholder outreach has been extensive and offered a wide range of forums to facilitate feedback in the development of the 2022 Virginia Energy Plan. Our team understands the hard work will begin after the Plan is released and looks forward to the next phase of planning and implementation,” said Virginia Department of Energy Director John Warren. 

Read the 2022 Virginia Energy Plan here.

Watch the roll out of the 2022 Virginia Energy Plan here

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Lifestyle Discounts

VMA-Welcome-Flyer-Entertainment
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Corporate Shopping Employee Discounts

Launch-Flyer-VMA
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2022 Legislative Competitiveness Scorecard

2022 Scorecard R2 UPDATED
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VEDP International Trade Services

VEDP International Trade Services
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ACC: CERCLA Listing is an Expensive, Ineffective and Unworkable Means to Achieve Remediation

The Proposed CERCLA Designation Would Impose Tremendous Costs on These Parties Without Defined Cleanup Standards, Making It Impossible for These Entities to Prepare for The Impact of This Rule

WASHINGTON (August 26, 2022) — The American Chemistry Council (ACC) released the following statement on the proposed Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) listing for PFOA and PFOS:

“We support strong, science-based regulations that are protective of public health and the environment, but a new proposed CERCLA listing is an expensive, ineffective and unworkable means to achieve remediation for these chemicals.

“CERCLA is complicated, results in extensive delays and is fraught with unintended consequences. There are other more effective and timely means to address potential site remediation through existing regulatory processes.

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Virginia Manufacturing Development Commission Elections

We are pleased to congratulate Delegate Kathy J. Byron for being unanimously elected Chair of the Virginia Manufacturing Development Commission. We also congratulate Jeremy McPike for being elected Vice Chair. Really looking forward to working with them both!

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Youngkin administration outlines plan to withdraw Virginia from carbon market by regulation

Gov. Glenn Youngkin’s administration announced their newest plans for how they intend to withdraw Virginia from a regional carbon market Wednesday, a move critics say is not allowed by law, would drain important state programs of funding and would hurt the fight against climate change.

Acting Secretary of Natural and Historic Resources Travis Voyles said at a State Air Pollution Control Board meeting that the administration plans to withdraw Virginia from the Regional Greenhouse Gas Initiative through changes to the regulations that govern the state’s participation in the market.

The regulatory process typically takes 18 to 24 months from start to finish, after which the air board will vote on repealing the regulation.

The move is a pivot from the approach outlined in an executive order Youngkin issued at the start of his term. That plan called for a two-track approach that would first repeal the regulation through an emergency provision and then eliminate it permanently through the normal regulatory process.

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Virginia Taxpayers to Receive Rebates This Fall

Qualifying Taxpayers Eligible for Up to $250 for Individual Filers; Up to $500 for Those Filing Jointly

RICHMOND, VA—This fall, approximately 3.2 million eligible taxpayers will receive one-time tax rebates of up to $250 if they filed individually, and up to $500 if they filed jointly. To be eligible, taxpayers must file by November 1, 2022 and have had a 2021 tax liability. Starting September 19, taxpayers can go to tax.virginia.gov/rebate and check their eligibility for this one-time tax rebate. We are processing the rebates “first in/first out.” Those who filed by July 1 should expect their rebate to arrive in late October. Those who file between July 1 and November 1 will receive their rebate within 4 months of their file date.

Taxpayers who received a state tax refund by direct deposit this year will likely receive their one-time tax rebate by direct deposit in the same bank account. All other eligible taxpayers will receive their rebate by paper check in the mail.

“As Virginians face high inflation and prices coming from policies set in Washington, these one-time tax rebates will help families lower the cost of living,” said Governor Glenn Youngkin. “Past administrations have overtaxed Virginians and by returning taxpayer money to Virginia’s taxpayers we are ensuring that hard working Virginians get to keep more of their paycheck during these difficult economic times.”

Debt Setoff Rules Required for Rebates

If a taxpayer owes money to Virginia Tax, or another state or local agency, the Commonwealth will use their tax rebate to satisfy that debt before sending the taxpayer the remainder of the rebate (along with contact information for the agency that was owed). In the event a taxpayer owes more than the amount of the one-time tax rebate, Virginia Tax will send the taxpayer a letter explaining the use of the rebate toward the debt as well as contact information for the agency that was owed.

Full Article

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2022 Virginia Legislative Competitiveness Scorecard

                                                                                                                           

 

For Immediate Release

2022 Virginia Legislative Competitiveness Scorecard

RICHMOND, VA – The Virginia Manufacturers Association Political Action Committee (VMAPAC) and the Virginia Manufacturers Association (VMA) have released the 2022 Virginia Legislative Competitiveness Scorecard.

This year legislators were scored based on 80 VMA priority and defensive priority bills. Scores are determined by the percentage of votes cast in agreement with the VMA’s position on those 80 bills. Those scores are then ranked and graded A through F to reflect each legislator’s voting support of Virginia manufacturing competitiveness.

The VMAPAC recognizes all legislators scoring 70% (C Grade) or better with the VMAPAC Legislative Competitiveness Certificate. The top 3 scores in each chamber receive the VMAPAC Industrial Strength Leadership Award. These awards are not a blanket endorsement of any candidate or political party; rather, they are an honored designation for a legislator at a specific point in time for all manufacturers, retirees, and allies to recognize.

Click here to view the full 2022 Virginia Legislative Competitiveness  Scorecard. 

Printable Version : Press Release

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