Search
`
November 23, 2024
Looking to read the full article? Scroll down and login or sign up today!
Page Reload Scroll Position
Washington Estimates $1.5B in Cap-and-Trade Revenue Through 2024
Cost of Low-Carbon Fuel Standard in Dispute
Washington's cap-and-invest program sets a declining limit on carbon emissions in the state and requires businesses to obtain allowances equal to their covered greenhouse gas emissions. Allowances can be obtained through quarterly auctions or through a secondary market.
Washington's cap-and-invest program sets a declining limit on carbon emissions in the state and requires businesses to obtain allowances equal to their covered greenhouse gas emissions. Allowances can be obtained through quarterly auctions or through a secondary market. | Washington Department of Ecology
|
Washington officials said cap-and-trade auctions could raise $1.5 billion through FY 2024 while new fuel standards will boost gas by about one cent per gallon.
Fossil FuelsHeavy-duty vehiclesLight-duty vehiclesState and Local PolicyWashington