Industrial Decarbonization
Port of Grays Harbor
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.
DOE
The White House and Department of Energy unveiled a new interagency task force aimed at reaching the administration’s ambitious goals for the deployment of clean hydrogen.
350 Tacoma
Washington’s first cap-and-trade auction from the program’s Allowance Price Containment Reserve raised almost $62.5 million, the Ecology Department said.
Par Pacific
Washington held a special cap-and-trade auction intended to help keep carbon costs in check after May’s quarterly auction cleared at an unexpectedly high price.
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The Treasury Department is working to implement the 45v tax credit, which is the largest incentive passed under the Inflation Reduction Act and is meant to incentivize clean hydrogen production.
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Let’s Go Washington is collecting signatures on a petition asking the state Legislature to repeal the cap-and-trade program, which went into effect this year.
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New technologies upend conventional wisdom that heavy industry — cement, steel, petrochemicals — will be hard to abate or require carbon capture. But how fast can they scale?
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Washington’s Democratic leaders struck back at critics who blame the state’s 6-month-old cap-and-trade program for producing the highest gasoline prices in the U.S.
Energy Northwest
The challenge ahead for X-energy: early planning for design, procurement and construction to deliver the first Xe-100s on time and on budget.
© RTO Insider LLC
Critics of Washington’s cap-and-trade system blame it for the state's high gas prices, but defenders say other factors are at play too.
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