Washington
Washington state raised another $373.6 million in its last carbon emissions allowance auction for 2023, the Ecology Department reported.
Washington expects to collect $941 million in extra cap-and-invest program money in the first half of 2024, bringing overall income to roughly $3 billion in the first 18 months.
A recently retired state economist has filed a claim against Washington, alleging he was ordered not to include cap-and-trade costs in a revenue forecast, leading to him to leave his position with the agency
Opponents of Washington’s fledgling cap-and-trade program have delivered 418,399 signatures to the Secretary of State’s office in a push to repeal the program.
Washington's Nov. 8 cap-and-trade auction cleared all 5 million carbon emissions allowances put up for bid at a Tier 1 price of $51.90 the state's Ecology Department said.
The state will tentatively seek to link its cap-and-trade program with the California-Quebec carbon market in an effort to reduce the financial impact of pricing carbon in its economy.
Washington's Department of Agriculture is mulling a petition by the EV charging industry to eliminate a state requirement that public chargers contain a credit card chip reader for payments.
A decision by Washington to link its cap-and-trade program to the one shared by California and Quebec should benefit participants in both systems, according to preliminary analysis by the state.
A major focus at the Energy Bar Association meeting was on how to ensure reliability and affordability as the grid transitions to a cleaner future.
The state is looking to launch an effort to become an industrial supplier for the offshore wind sector expected to grow off the West Coast.
Want more? Advanced Search