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The dawn of ‘cap and invest.’ Will WA program reduce carbon emissions?

PHOTO: Cap & Invest aims to preserve Washington’s mountain meadows and other environmental treasures (Credit: State Department of Ecology)

Corporations and other entities that generate greenhouse gases in our state will soon have their allowable emissions capped.
They will also be able to purchase “allowances” to exceed that cap, under Washington’s “cap and invest” law.
The cap limit, and the available allowances, will shrink over time.
The state’s first carbon allowance auction is set for February. Click play to hear Corwin Haeck’s report.