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Seattle Times: WA’s carbon-pricing auctions collect nearly $1.5 billion as allowances reach record price
Learn more about the Climate Commitment Act (CCA) and the progress being made in Washington State to reduce emissions and grow the economy.
The Climate Commitment Act in the news:
Seattle Times: WA’s carbon-pricing auctions collect nearly $1.5 billion as allowances reach record price
The price of Washington’s carbon emission allowances reached an all-time high in the state’s fourth auction last week, with revenues from the program nearing $1.5 billion in its first year. The revenue has far outpaced early estimates, and now a group that helped...
Seattle Times: WA’s second greenhouse-gas-allowance auction raises over $500M
Washington’s second auction of greenhouse-gas pollution allowances last week raised more than half a billion dollars. The Department of Ecology announced Wednesday it had sold almost 8.6 million 2023 allowances and roughly 2.5 million 2026 allowances, each...
Seattle Times: WA budgets $2B to cut greenhouse gas emissions; here’s where money will go
Washington lawmakers budgeted about $2 billion to boost the adoption of electric bikes, cars and heat pumps, build solar power projects, turn cow poop into energy, and fund other efforts related to reducing greenhouse gas emissions. The spending will reach just about...
KCPQ-FOX: WA greenhouse gas allowance auction raises estimated $300M
OLYMPIA, Wash. - Washington state’s first auction of greenhouse-gas pollution allowances has generated an estimated $300 million businesses, people and lawmakers see the cost of emitting greenhouse gases. Read more...Clean & Prosperous Washington is a project of...
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