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Environment

Wash. bill would link carbon market with Calif.’s

Supporters say a larger market could keep prices lower and less volatile.

Humberto Sanchez

07:12 AM, Feb 21, 2024

In this Thursday, Feb. 25, 2016, photo the Space Needle is seen in view of still standing but now defunct stacks at the Nucor Steel plant in Seattle. (AP Photo/Elaine Thompson)

Washington State Democrats want to open a path to link the state’s carbon market to those of California and Quebec, in an attempt to stabilize credit prices.

The House Environment and Energy Committee advanced a bill Tuesday on a 9-6 party-line vote that would authorize the Washington Department of Ecology to begin talks and to make technical adjustments to the state’s cap-and-invest program, which is aimed at lowering greenhouse gas emissions and combating climate change.

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