cap-and-invest
Steven Baltakatei Sandoval, CC BY-SA 4.0, via Wikimedia
Washington’s Supreme Court ruled that the state’s most prominent anti-tax activist cannot put a 2021 cap-and-trade law to a statewide public ballot.
The Western Climate Initiative is one option the Vermont Climate Council will explore to replace TCI-P in its Climate Action Plan released in December.
Cap-and-trade is expected to yield Washington $500 million a year in revenue, according to the state agency charged with running the program.
Western states produced a whirlwind of climate initiatives last year, advancing numerous bills and regulations to reach net-zero emissions by 2050.
Oregon’s Environmental Quality Commission voted 3-1 to approve rules setting declining caps on GHGs from fuel suppliers, cutting their emissions 90% by 2050.
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