cap-and-invest
Puget Soundkeeper
The state will tentatively seek to link its cap-and-trade program with the California-Quebec carbon market in an effort to reduce the financial impact of pricing carbon in its economy.
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.
NYISO
The NYSRC Executive Committee approved the modeling assumptions for its 2024/25 installed reserve margin requirement study base case and discussed potential cap-and-invest updates.
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Washington state officials expect to soon decide whether to join the California-Quebec cap-and-trade program.
Murderbike, Public Domain, via Wikipedia Commons
The suit by a conservative group attempted to halt the state’s cap-and trade program by eliminating Department of Ecology’s rulemaking authority.
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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Potential SPP Markets+ participants democratically endorsed the first pieces of the day-ahead market’s tariff, acquiring a taste of the grid operator’s stakeholder process at the same time.
Par Pacific
Washington held a special cap-and-trade auction intended to help keep carbon costs in check after May’s quarterly auction cleared at an unexpectedly high price.
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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.
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