Cap trajectory, industry allocation proving contentious in Washington carbon market rulemaking

Published 20:29 on January 28, 2022  /  Last updated at 20:29 on January 28, 2022  /  Americas, Canada, US  /  No Comments

The fossil fuel industry and green groups are at odds with whether the steep linear reduction factor of Washington state’s forthcoming cap-and-trade regulation is appropriate, while free allowance distribution methods to industry and offset eligibility have generated pushback, according to public comments.

The fossil fuel industry and green groups are at odds with whether the steep linear reduction factor of Washington state’s forthcoming cap-and-trade regulation is appropriate, while free allowance distribution methods to industry and offset eligibility have generated pushback, according to public comments.

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