Details on Governor Inslee's "Climate Commitment Act"
On Tuesday, Governor Inslee announced a legislative package designed to reduce greenhouse gas (GHG) emissions consistent with the state’s 2030 reduction goals. The Governor’s “Climate Commitment Act” caps GHG for the state’s largest-emitting industries. It authorizes the Department of Ecology to administer a “Cap & Invest” program that ensures industries comply through the sale, tracking, and accounting of GHG credits. Details, including legislation, have not yet been released.
The Governor recommends revenue generated by the sale of GHG credits be used to fund investments in three areas: Clean Transportation, Healthy Homes & Clean Buildings and Clean Energy. For ports, there is a modest— but important—investment of $5 million to help transition terminals and maritime facilities to cleaner fuels.
WPPA is still waiting for more detailed information about the Governor’s plan. We will continue to work with the Governor and members of the legislature to ensure transportation investments are made while also protecting the state’s trade-critical industries.
For additional information, you can read Governor Inslee’s Climate Commitment Act.