Climate Commitment Act
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The Climate Commitment Act was passed in the Washington State Legislature in 2022. It implemented a "Cap and Invest" system which aims to reduce greenhouse gas emissions by 95% by 2050, by capping and taxing emissions over time, and investing revenue in a variety of state programs designed to accelerate transition from fossil fuels an increase climate resilience. It is a response to Climate Change and creates significant authorities at the Washington State Department of Ecology.
Notes[edit]
- https://ecology.wa.gov/Air-Climate/Climate-Commitment-Act - presents the new authority.
- Waterman-Hoey 2022 washington greenhouse gas emissions inventory.pdf provides a summary of 1990 to 2019 estimated emissions levels.
Chronology[edit]
- 2021 - Washington State Legislature Passes CCA
- 2022 - Ecology completes initial rule-making
- 2030 - Emission allowances reduced to 45% of 1990 levels (90,500,000 metric tons/year)
- 2040 - Emission allowances reduced to 70% of 1990 levels
- 2050 - Emission allowances reduced to 95% of 1990 levels