carbon allowance
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.
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.
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.
Washington’s second cap-and-trade auction netted more than $557 million in revenue after bidders bought all 11.035 million carbon allowances on offer last week.
Washington is aiming to auction off enough cap-and-trade credits to cover more than 11 million metric tons of carbon emissions.
Washington carbon allowance prices will increase sharply as the state’s cap-and-trade program becomes better established, carbon market analysts said.
Washington’s first cap-and-trade auction earned the state nearly $300 million in revenue and unloaded all allowances on offer.
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.
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