Virginia Clean Economy Act may help get state’s economy back on track post COVID-19

Virginia’s new legislative status as one of a handful of states targeting 100% clean power could resuscitate growth for state renewable energy industries hit hard with job losses during the COVID-19 pandemic.

Virginia Clean Economy Act incentives for clean energy – one of the fastest-growing sectors of the U.S. economy prior to the pandemic – would help power Virginia’s economic recovery, advocates say. But the legislation’s impacts could be delayed, due to massive job losses in renewable industries and decreased overall energy use by manufacturing and retail sectors during COVID-19.

The VCEA, passed in this year’s legislative session, sets phased requirements for meeting the goal of zero dependence on fossil fuels by 2050, with at least 58% of Virginia’s electricity coming from clean sources by 2030.