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Gov. Inslee's cap-and-invest proposal draws criticism from environmentalists

January 25, 2021 at 1:36 pm
The Tesoro Corp. refinery, in Anacortes, Wash. Gas flares like this are part of normal plant operations. (AP)
A climate change proposal from the governor that would establish a cap-and-invest system in Washington is drawing questions and critiques even from environmental advocates.
Senate Bill 5126, also known as the Washington Climate Commitment Act, would create a cap-and-invest system that limits fossil fuel emissions for large companies by capping pollution amounts and requiring polluters to buy allowances to pollute. Revenue from the sale of these allowances would be invested into green energy and other climate efforts.
“A well-designed cap-and-invest program is the most widely used program in the world, and we’ve learned the lessons of others, and we’ve listened and thought about it a great deal relative to the applicability of Washington state,” said Senator Reuven Carlyle (D-Seattle), one of the bil ....

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