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June 9, 2018 02:03 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Ch9tQ8ojd_s/can-washington-state-finally-put-a-price-on-carbon
Can Washington State Finally Put a Price On Carbon?
jwhyche writes: Beth Brunton walks around Seattle with a magenta umbrella. At 75 degrees and there not being a cloud in the sky, it gets peoples attention. What she is attempting to do is get people to sign a petition supporting Initiative 1631, known as the "Protect Washington Act." If this was to pass, Washington state would become the first state to adopt anything like a carbon tax. "The initiative proposes a 'fee on pollution' that would put a $15 charge on each metric ton of carbon dioxide emitted in Washington starting in 2020," reports Wired. "That charge would rise by $2 plus inflation every year until the state meets its climate goals, which include cutting its carbon footprint 36 percent below 2005 levels by 2035. The revenue raised would go toward investing in clean energy; protecting the air, water, and forests; and helping vulnerable communities prepare for wildfires and sea-level rise." The report mentions Washington's previous attempt at a "carbon tax" initiative, which was ultimately rejected. It would have initially charged businesses $25 per metric ton of emissions before ramping up over time.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/Ch9tQ8ojd_s/can-washington-state-finally-put-a-price-on-carbon
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