cap-and-invest
Washington Senate Democrats
A bill to link Washington’s cap-and-trade program with the California-Quebec combined system drew no immediate opposition when it was introduced, but did collect several requests for technical changes.
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A Seattle-based conservative think tank says the Washington governor knew nearly a decade ago that a cap-and-invest program in the state would increase gas prices.
Shutterstock
Washington’s one-year-old cap-and-invest program will be one of the dominant issues during the state’s 2024 legislative session, which begins Jan. 8.
State of Washington
Washington state raised another $373.6 million in its last carbon emissions allowance auction for 2023, the Ecology Department reported.
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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
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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.
University of Washington
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.
Puget Soundkeeper
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 Dept. of Ecology
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.
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