The Washington State Legislature has begun its short session. Climate priorities include Climate Commitment Act investments, supporting healthy environments for students and families with electric school buses and clean buildings, and holding the oil industry accountable.
Kids deserve to breathe clean, unpolluted air. Plenty of ink has already been spilled about the harms of polluted air in homes and classrooms. However, students are still routinely exposed to dirty, polluted air from a source in virtually every school district’s driveway: the school bus.
In its first year alone, Washington's cap-and-invest program has brought in a record $2.2 billion to invest in protections for climate, clean air, and clean water that will directly benefit communities across the state.
In the first three auctions for pollution permits held thanks to the Climate Commitment Act, Washington State has raised over $1.4 billion to go toward climate solutions. We're taking a look at some of the transformative change that is now possible thanks to this landmark policy, and what types of benefits our communities can expect to feel in the coming years.
On August 9, the Department of Ecology held its first allowance reserve auction under the Climate Commitment Act, raising an additional $62.5 million for needed climate solutions across the state. This auction is a mechanism built into the CCA to stabilize costs and ensure that carbon allowances are obtainable and reasonably priced for entities covered by the CCA.
Washington’s second CCA auction continues to demonstrate significant potential for new climate revenue
[PRESS RELEASE] Washington's second ever auction for allowances under the Climate Commitment Act (CCA) this week raised more than $557 million that will fund climate and clean energy projects across the state.