Carbon Cap-and-Invest/ Washington StateMeet your cap-and-invest obligations, through an effective strategy that brings carbon emissions, compliance, and your company’s objectives in sync with each other.
Supporting: Industrial facilities, in-state electricity producers, electricity importers, natural gas distributors, and fuel suppliers. |  |
The State of Washington passed the Climate Commitment Act (or CCA) in 2021 and initiated a new "cap-and-invest" program, establishing a comprehensive, market-based program to reduce carbon pollution and achieve the greenhouse gas limits set in state law.The program is similar to those implemented in California and the Northeast United States. It sets a cap on the total amount of carbon emissions that can be released by covered entities, such as power plants, industrial facilities, fuel suppliers, natural gas and electric utilities, waste-to-energy facilities (starting in 2027), and railroads (starting in 2031). These entities must then purchase allowances equal to their covered greenhouse gas emissions. | |
 | The program is administered by the Department of Ecology — they are responsible for setting the cap, issuing allowances, and enforcing compliance.The proceeds from the sale of allowances will be invested in clean energy and energy efficiency programs to further reduce greenhouse gas emissions. |
Strategies for California and Quebec facilities to reduce their compliance cost in the Carbon Cap and Trade Program
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