Thursday, December 26, 2024
Washington state vote a harbinger for wider carbon markets- oil and gas 360

Washington state vote a harbinger for wider carbon markets

(Investing) – A ballot initiative to ax Washington state’s carbon market would, if passed next week, send an ominous signal to other U.S. states and Canadian regions looking to build markets aimed at cutting emissions that scientists blame for climate change. The carbon market, formed by the state’s Climate Commitment Act (CCA), has raised more than $2 billion for programs