Western Climate Initiative (WCI)
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.
The non-utility owner of a Washington gas-fired power plant can receive free cap-and-trade allowances from the state, a government board decided.
The non-utility owner of a Washington gas-fired power plant says the facility faces unfair treatment under the state’s pending cap-and-trade program.
Initial prices for Washington cap-and-trade emissions allowances will depend on whether the state joins the Western Climate Initiative, according to new analysis.
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.
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