Washington state proposes lower cap-and-trade emissions baseline, same reserve prices as California

Published 23:36 on May 17, 2022  /  Last updated at 23:36 on May 17, 2022  /  Americas, Canada, US  /  No Comments

The Washington Department of Ecology (ECY) on Tuesday published its draft WCI-modelled cap-and-trade regulation, lowering the programme’s emissions baseline compared to the agency’s previous thinking and proposing the same allowance floor and ceiling prices as the California carbon market.

The Washington Department of Ecology (ECY) on Tuesday published its draft WCI-modelled cap-and-trade regulation, lowering the programme’s emissions baseline compared to the agency’s previous thinking and proposing the same allowance floor and ceiling prices as the California carbon market.

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