> Lawmakers will debate state's climate policies during upcoming legislative session in Olympia
Lawmakers will debate state's climate policies during upcoming legislative session in Olympia
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A group of Republican lawmakers have taken aim at the state's Climate Commitment Act which passed in 2021 and intended to reduce greenhouse gas emissions by setting an emissions cap, which the Department of Ecology will gradually lower over time. The state aims to incentivize companies to change their operations by requiring them to purchase the allowances to produce greenhouse gas emissions over the state cap, which are auctioned off by Ecology.
The act has generated $1.5 billion for the state, but has also been blamed for high gas and energy prices by some. A slate of bills targeting the act involve disclosing increased fees faced by customers due the cost of complying with the Climate Commitment Act and appropriating some of the funds collected by the state for specific uses.
Read more: https://www.king5.com/article/news/politics/state-politics/washington-lawmakers-bills-legislative-session/281-6a16876d-df18-424e-b638-ca103ce70ef1