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  • Washington's cap on carbon is raising billions for climate action. Can it survive the backlash?

    Kate Yoder

    January 08, 2024 |

    Grist |

    Text |

    1500-3000 Words

    Response Location: United States, Washington

    Washington State’s Climate Commitment Act set a limit on greenhouse gas emissions and created an emissions market to incentivize emission reductions while generating money for climate change mitigation. Carbon emission allowances are auctioned off to businesses, and set percentages of the income are designated for projects like electrifying public transit.

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  • How Washington raised $300 million for climate action from polluters 

    Kate Yoder

    March 09, 2023 |

    Grist |

    Text |

    Under 800 Words

    Response Location: United States, Washington

    The first auction of Washington State’s cap-and-invest system raised $300 million dollars from businesses buying greenhouse gas emission permits. The system is meant to incentivize emission reduction while raising money to address climate change in the communities most impacted by pollution.

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