It's not an easy concept to explain, but the state's Carbon Emission Auctions are clearly impacting gas prices and the environment.
It’s not an easy concept to explain, but the state’s carbon emission auctions are clearly impacting gas prices and the environment. which establishes a comprehensive program to reduce carbon pollution and achieve the greenhouse gas limits set in state law. The program started on Jan. 1, 2023, and the first emissions allowance
“Many people don’t realize the places where we live, learn and work are among our biggest sources of carbon emissions,” Washington Gov. Jay Inslee said in. “As we see the ravages of climate change around us, we can no longer ask ‘if’ we should look for ways to decarbonize our buildings, we have to ask ‘how’ and ‘how fast.'”The cap-and-invest program limits overall carbon emissions within the state.
The CCA has raised nearly $2 billion. That’s a double-edged sword. On one hand, it is good news because the policy is working as intended and raising more money than state officials expected. On the other hand, it is bad news because it means companies must be better at reducing carbon emissions.
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