Live Breaking News & Updates on Climate Commitment Act Establishesa Program

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The Washington Legislature passed Senate Bill 5126, the Climate Commitment Act, on April 24, 2021, which establishes a greenhouse gas emissions cap-and-invest program for utilities, industrial facilities, and other operations with greater than 25,000 metric tons of emissions. Covered entities will be subject to a statewide emissions cap that decreases over time to match the state’s goal of net-zero emissions by 2050. Under the Climate Commitment Act, the Washington State Department of Ecology (Ecology) will seek to link the cap-and-invest program’s market for emissions allowances and offsets with California’s cap-and-trade program. Revenue from Washington’s program is intended to fund emissions reduction projects, emphasizing projects in communities overburdened by the impacts of climate change and air pollution. ....

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