
The Daily Signal Saving the Climate or Just Grabbing Cash? Gov. Spanberger Says the Quiet Part Out Loud | Bonner Cohen, Ph.D.
Jan 28, 2026
Bonner Cohen, Ph.D., a longtime energy scientist and policy critic, breaks down Virginia’s move into RGGI and its economic ripple effects. He outlines how the program works, why carbon credits may fail, and the risks to households, businesses, and the state’s energy future. Short takes on offshore wind, data centers, and lessons from Europe.
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RGGI Raises Costs Not Climate Benefits
- Bonner Cohen argues RGGI is a revenue scheme that ultimately raises costs for ratepayers rather than saving the climate.
- He says carbon credits are a phony commodity that transfers money to few at the expense of many.
Virginia Heading Toward Deindustrialization
- Cohen warns Virginia risks following California-style policies that lead to deindustrialization.
- He predicts higher energy prices and greater dependence on intermittent wind and solar for the state.
Policy, Not Just Utilities, Drive Prices
- Cohen acknowledges Dominion Energy as a co-conspirator but blames political policy for rising consumer energy costs.
- He emphasizes policy choices, not solely utilities, drive higher prices for Virginians.
