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May 10, 2024

cap-and-trade

REMI
Wash. Bill Seeks Increased Monitoring of Petroleum Sector
The bill to create a new agency to monitor activity in Washington's petroleum market details five pages of the kind of information the body would have to collect from oil companies.
Washington Senate Democrats
Bill Would Integrate Wash. Cap-and-trade with California-Quebec Program

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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Group Says Inslee, Dems Knew About Cap-and-invest Impact
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
Cap-and-invest to Loom Large in Wash. Legislative Session

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’s Cap-and-trade Auction Generates $373M
Washington state raised another $373.6 million in its last carbon emissions allowance auction for 2023, the Ecology Department reported.
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Inslee Unveils Plans for $941M in Extra Wash. Cap-and-trade Revenue
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.
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Cap-and-trade Subject of Employment Claim Against Wash.
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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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.


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