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May 20, 2024
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Analysis Favors Wash. Linkage with Calif. Cap-and-trade Program
Projected Washington allowance prices in a standalone carbon market. Prices are predicted to rise in the early years of the program and reach the price ceiling in 2030, then level off, followed by declines. Linkage with California-Quebec is expected to mitigate the initial rise.
Projected Washington allowance prices in a standalone carbon market. Prices are predicted to rise in the early years of the program and reach the price ceiling in 2030, then level off, followed by declines. Linkage with California-Quebec is expected to mitigate the initial rise. | Washington Dept. of Ecology
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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.
Industrial DecarbonizationWashington