Washington Passed its Cap-and-Trade Climate Legislation. Now What?
Washington Passed its Cap-and-Trade Climate Legislation. Now What? Levi Pulkkinen © (Ted S. Warren/AP) Washington Gov. Jay Inslee waits before signing a bill into law in Tukwila, Wash., Tuesday, May 4, 2021, that levies a new capital gains tax on high profit stocks, bonds and other assets for some residents of Washington state. (AP Photo/Ted S. Warren) SEATTLE—Washington state lawmakers have passed a sweeping set of environmental regulations meant to cut net greenhouse gas emissions to zero by 2050 while pumping billions of dollars into the state coffers and addressing en...