Washington Department of Ecology (WA ECY)
Washington's Department of Ecology kicked off its first virtual electricity forum to provide updates on recent electricity sector rulemaking efforts related to the state’s carbon market.
Bolstered by a nearly $5 million war chest, supporters of Washington’s cap-and-invest system have begun efforts to defeat a campaign that seeks to scrap the carbon allowance program through a referendum this fall.
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.
Washington’s first quarterly carbon allowance auction of 2024 has thrown two new wrinkles into the economics of the state’s fledgling — and controversial — cap-and-invest program.
Washington is poised to start phasing in electric school buses after lawmakers approved a bill directing the Department of Ecology to help school districts convert their existing diesel fleets.
A former Washington DOT economist is suing the state over allegations he was forced out of his job because his superiors did not like his forecasts showing that gas prices would jump under cap-and-invest.
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.
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.
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