Oregon ETS compromise would have compensated power merchants for industry emissions

Published 18:51 on July 17, 2019  /  Last updated at 00:17 on July 18, 2019  /  Americas, Canada, US  /  No Comments

A proposed compromise on Oregon’s failed WCI-modelled cap-and-trade bill would have retired allowances for power supplied to heavy industries for at least the first two years of the scheme, according to text seen by Carbon Pulse, with lawmakers now planning their next moves for advancing the ETS.

A proposed compromise on Oregon’s failed WCI-modelled cap-and-trade bill would have retired allowances for power supplied to heavy industries for at least the first two years of the scheme, according to text seen by Carbon Pulse, with lawmakers now planning their next moves for advancing the ETS.

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