skip to main content
skip to newscasts

Saturday, April 27, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

WA Raises $300 Million from Polluters for Climate Action

play audio
Play

Monday, April 3, 2023   

By Kate Yoder for Grist.
Broadcast version by Eric Tegethoff for Washington News Service reporting for the Solutions Journalism-Public News Service Collaboration


A new effort to tackle climate change in Washington state just got a boost of cash. On Tuesday, the state announced the results of its first "cap-and-invest" auction. It raised an estimated $300 million from polluting companies to fund projects such as building clean energy, reducing emissions from buildings and transportation, and adapting to the effects of rising global temperatures.


Washington has set a goal to cut its carbon emissions 95 percent below 1990 levels by 2050. In that effort, the state is putting a statewide limit on carbon emissions that gradually lowers over time. Under the cap-and-invest system, businesses buy "allowances" for the greenhouse gases they emit. But these permits will become more expensive over time - both an incentive to cut emissions and a method of raising money to address climate change.


In Washington's first auction, held last week, the permits sold out, averaging about $49 per ton of carbon dioxide. The price was nearly double that of the most recent cap-and-trade auction held by California and Quebec, where the average was $28 per ton.


"The auction price is potentially higher because Washington's program requires stronger climate pollution cuts than anywhere else in the country," said Kelly Hall, the Washington director for the regional nonprofit Climate Solutions. "There is strong competition for these allowances."


Washington's auctions, which will take place four times a year, are projected to raise nearly $1 billion annually. At least 35 percent of the revenue is slated to go toward projects that benefit communities historically and disproportionately impacted by pollution. By the end of April, once the budgeting process is ironed out, the state will begin the process of setting up these various climate initiatives, said David Mendoza, the director of public engagement and policy at The Nature Conservancy in Washington.


The state's cap-and-invest system, which began in January, follows in the footsteps of several state and regional cap-and-trade systems - with a few key changes. It relies less on carbon offsets and is also designed to address some equity concerns around cap-and-trade. In California, for example, studies have shown that pollution in Black and Latino communities actually increased in the years since that state's cap-and-trade program began.


Washington's system takes the novel approach of pairing cap-and-trade with a regulatory air quality program intended to crack down on large and small sources of pollution in the hardest-hit areas. While the state is still figuring out the details, last week, its Department of Ecology announced that it had identified 16 communities where it plans to concentrate efforts to improve air quality. South Seattle, Tacoma, and Spokane made the list, as did some rural areas.


Cap-and-trade programs are now up and running in more than a dozen U.S. states, including Oregon and a regional program in the Northeast. Still, the approach remains controversial. Washington's program has gathered criticism for giving some large emitters, such as petroleum refineries and paper mills, a free pass. While these polluters can buy allowances at little or no cost for the next dozen years, they are still covered under the program's declining cap on emissions.


The state is currently looking into linking up its cap-and-trade program with California and Quebec, which have already joined markets. In Washington, there's a requirement that they can only link the markets if the state determines that it won't result in a "negative impact on overburdened communities in either jurisdiction," Mendoza said.


After researching the potential benefits - and consequences - of linking the programs, the state is expected to issue a recommendation on whether to join California's market by the end of summer.



Kate Yoder wrote this article for Grist.

Disclosure: The Nature Conservancy of Washington contributes to our fund for reporting on Climate Change/Air Quality, Energy Policy, Environment, Public Lands/Wilderness. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Social Issues

play sound

The long-delayed Farm Bill could benefit Virginia farmers by renewing funding for climate-smart investments, but it's been held up for months in …

Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …


Jane Kleeb is director and founder of Bold Alliance, an umbrella organization of Bold Nebraska, which was instrumental in stopping the Keystone Pipeline. Kleeb is also one of two 2023 Climate Breakthrough Awardees. (Bold Alliance)

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Legislation to curtail the union membership rights of about 50,000 public school educators in Lousiana has the backing of some business and national conservative groups. (wavebreak3/Adobe Stock)

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021