November 30, 2023


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Wash. Cap-and-trade Opponents Advance Repeal Petition to Sec. of State

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 2nd Cap-and-trade Reserve Auction Raises $259.5M
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
Wash. Looks to Join California-Quebec Cap-and-Trade Market

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.

CAISO GHG Working Group Seeks Clarity on Problems, Definitions
A meeting of CAISO’s Greenhouse Gas Coordination Working Group illustrated the complexity Western stakeholders confront in addressing greenhouse gasses in the region’s expanding electricity markets.
Washington Dept. of Ecology
Analysis Favors Wash. Linkage with Calif. Cap-and-trade Program
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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Wash. Weighs Joining California-Quebec Cap-and-trade Program

Washington state officials expect to soon decide whether to join the California-Quebec cap-and-trade program.

Murderbike, Public Domain, via Wikipedia Commons
Wash. Judge Rejects Cap-and-trade Lawsuit
The suit by a conservative group attempted to halt the state’s cap-and trade program by eliminating Department of Ecology’s rulemaking authority.
Oil Companies Resisting Climate Action, Inslee, Climate Panelists Say

Oil companies are increasingly resisting climate change measures, Washington Gov. Jay Inslee and a panel of climate experts told a group of University of Washington engineering students.

Port of Grays Harbor
Wash. Allowance Prices Surge Again in 3rd Cap-and-trade Auction
Allowance prices continued to rise after the state’s latest cap-and-trade auction cleared at $63.03, up nearly 13% from the previous auction.
350 Tacoma
Wash. Raises $62.5M from Cap-and-trade Reserve Auction
Washington’s first cap-and-trade auction from the program’s Allowance Price Containment Reserve raised almost $62.5 million, the Ecology Department said.

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