carbon allowance
Port of Seattle
Washington could be closer to joining the California-Québec carbon market after the three governments issued a statement saying they will explore linking their cap-and-trade systems.
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Washington’s Democratic-controlled House of Representatives approved a bill that will allow the state’s cap-and-trade program to link up with the system shared by California and Quebec.
Washington Senate Democrats
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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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.
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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 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.
Washington Dept. of Ecology
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.
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Washington state officials expect to soon decide whether to join the California-Quebec cap-and-trade program.
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.
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.
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