November 21, 2024

cap-and-invest

Washington Senate Democrats
Wash. Lawmakers Propose Credits to Defray Cap-and-invest Costs

Washington legislators are proposing to give the state’s utilities $150 million to be rebated back to residents to help them defray costs associated with the state’s cap-and-invest program.

Legislative Support Services
Carbon Market Linkage Bill Passes Wash. Senate
The specter of a November referendum on Washington’s cap-and-invest program hovered over the state Senate when it passed a bill to link the program with the California-Quebec system.
Puget Soundkeeper
Bill to Create Wash. Oil Market Oversight Agency Dies in Committee
A Washington bill that would have created a new agency to monitor the state’s oil industry has died in committee.
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.

NYSERDA
NY Releases Preliminary Cap-and-invest Outline
The outline proposes a ‘waterfall’ approach to broadly disperse program funds in a way that targets disadvantaged communities.
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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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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