Tag: climate commitment act

Source: Washington State Department of Ecology March 27, 2023 – Ecology is pleased to announce the approval of these two registries to provide offset project listing and verification services under the cap-and-invest program. Both nonprofits have extensive experience working with the California Air Resources Board (CARB) on California’s cap-and-trade program. Climate Action Reserve (CAR) was originally […]

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Yesterday, Governor Jay Inslee penned partial vetoes on two pieces of climate legislation. The first veto was in regards to sections 6 and 22 of the Climate Commitment Act (SB 5126). In a letter to the senate, Inslee wrote, “Section 6 requires the development of an improved consultation framework for state agencies to communicate and […]

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Source: PRNewswire, May 17, 2021 Today Governor Jay Inslee signed the Climate Commitment Act (CCA), SB 5126, into law. The legislation paves the way for net zero carbon emissions by the year 2050. Integrated with a transportation funding package, the Climate Commitment Act will be the state’s largest investment in climate protection, while also generating billions of dollars […]

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Source: The Washington Business Alliance, March 25, 2021 According to a recent report, the CCA (SB 5126) would not only protect jobs but also generate up to 195,000 full-time-equivalent job-years and generate up to $13 billion in employee compensation through 2030. Job creation is expected in areas that emphasize local labor, leading to $17 billion […]

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