Repeal of Washington State’s Climate Commitment Act won’t hurt the climate

[rangerrebew]

Repeal of Washington State’s Climate Commitment Act won’t hurt the climate
By
Steve Goreham
|
August 4th, 2024
 
“The Climate Commitment Act will have a negligible effect on the climate, but if not repealed, it will continue to significantly raise fuel, food, and utility prices in Washington State.”

Washington State’s Climate Commitment Act (CCA) faces the possibility of repeal this fall. Governor Jay Inslee and others claim the CCA will reduce pollution and help stop climate change. But the CCA isn’t having the slightest effect on the climate, while boosting the cost of living for Washington residents.

Washington’s aggressive measure, passed in 2021, implements a cap-and-invest program designed to reduce state greenhouse gas emissions by 95 percent by 2050. Businesses with emissions of 25,000 tons of carbon dioxide (CO2) per year must purchase allowances equal to their emissions and turn them in to state agencies. The act also established CO2 auctions, encouraging companies to trade allowances and reduce emissions.

But the CCA has helped to raise Washington State’s cost of living to amongst the highest in the nation. Gasoline and diesel prices now rank as the third highest behind Hawaii and California. The cost of emissions allowances to businesses drives up fuel, food, and utility prices for residents.

https://www.cfact.org/2024/08/04/repeal-of-washington-states-climate-commitment-act-wont-hurt-the-climate/?utm_source=rss&utm_medium=rss&utm_campaign=repeal-of-washington-states-climate-commitment-act-wont-hurt-the-climate&utm_source=rss&utm_medium=rss&utm_campaign=repeal-of-washington-states-climate-commitment-act-wont-hurt-the-climate

[Fishrrman]

The important info not included above:
"On January 16 of this year, the Washington Secretary of State certified Initiative 2117 for the ballot on November 5, 2024, having received more than 400,000 supporting signatures. Initiative 2117 would repeal the Climate Commitment Act and prevent the state from implementing cap-and-trade or cap-and-tax carbon trading programs. Governor Inslee is concerned that his signature climate change program may be struck down by the people."

It's up for repeal by popular vote.
Let's see how "democracy" works in Washington state.