Washington outlines free allowance distribution for electric utilities through 2026

Published 22:24 on April 25, 2023  /  Last updated at 22:24 on April 25, 2023  / /  Americas, US

The Washington Department of Ecology (ECY) on Monday said it will distribute over 40 million free allowances to electrical utilities between 2023 and 2025 to mitigate the compliance cost exposure from the cap-and-trade system, while final allowance totals are still to be determined for 2026.
The Washington Department of Ecology (ECY) on Monday said it will distribute over 40 million free allowances to electrical utilities between 2023 and 2025 to mitigate the compliance cost exposure from the cap-and-trade system, while final allowance totals are still to be determined for 2026.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, log in here.