cap-and-invest
A Washington bill that would have created a new agency to monitor the state’s oil industry has died in committee.
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.
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.
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.
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.
Washington state raised another $373.6 million in its last carbon emissions allowance auction for 2023, the Ecology Department reported.
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
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.
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.
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