Climate Commitment Act

History

History

The Climate Commitment Act stands as a remarkable example of effective state-level policy aimed at mitigating climate pollution and fostering a fair and sustainable future.

Back in 2021, Washington State took a pioneering step by passing the Climate Commitment Act (CCA), a groundbreaking cap-and-invest legislation. This forward-looking law places a gradual limit on climate-warming emissions and allocates resources to implement solutions that promote equity, prosperity, and resilience across the state. Working hand-in-hand with other robust state policies, the CCA is projected to achieve an impressive 95% reduction in emissions by 2050. Moreover, it fosters stronger consultations with tribal nations, enhances air quality and environmental justice, bolsters climate-focused initiatives, and bolsters the state’s economy.

The journey toward passing the CCA holds valuable insights that can be adapted by other states seeking to address climate change. Prior to this achievement, numerous attempts to implement carbon pricing had faltered over the course of more than a decade. However, the CCA triumphed with the collective backing of a diverse coalition of stakeholders, representing a broad spectrum of interests within the state. This inclusive collaboration ensured that the law not only met science-based emission reduction targets but also brought about positive co-benefits for Washington’s environment, businesses, and marginalized communities.

Bipartisan Roots & State Leadership

Cap-and-Trade was first deployed by the George H. W. Bush administration to successfully – and efficiently – combat acid rain. 

Charles Tasnadi / AP Images

 Could it work as well on the climate crisis?

California was the first state to put Cap-and-Trade to work on greenhouse gas (GHG) reduction. Results there show targets achieved ahead of schedule, with a healthy economy.

Now, just as we in Washington state followed California’s lead but improved upon their program, we anticipate other states will follow our lead. Already, the state of New York is beginning the process of implementing a similar Cap-and-Invest system. California is considering improvements to their system by referencing Washington’s CCA.

How will CCA funds be invested in Clean Buildings?

How will CCA funds be invested in Clean Buildings?

Existing non-residential buildings are among Washington state’s primary consumers of energy, and together, produce over a quarter of our state’s total carbon pollution. Natural gas heats 80% of the Pacific Northwest’s commercial buildings (by...

Dogs love electric cars

Dogs love electric cars

They say readership goes up if you feature dogs. We, of course, would never stoop to such manipulative gimmicks to drive newsletter clicks. We’re a data-driven, research-obsessed organization, after all.  So… we want to share news about a research...

Tracking bills in Olympia

Tracking bills in Olympia

As proposed legislation reaches the home stretch in Olympia, there are several bills we’re tracking that could be significant in our state’s effort to build a clean economy: SB 5447 Promoting the alternative jet fuel industry in Washington “The...

Press Release: LANDMARK CLIMATE INVESTMENTS PASS LEGISLATURE

Press Release: LANDMARK CLIMATE INVESTMENTS PASS LEGISLATURE

(Seattle, WA) April 24, 2023 On the heels of Earth Day, the Washington state legislature wrapped up its 2023 session Sunday night with historic investments in clean energy projects, including over $2 billion of funds from the Climate Commitment...

How will CCA funds be invested in Clean Energy?

How will CCA funds be invested in Clean Energy?

During these last two weeks of Session in Olympia, the Washington State House and Senate will finalize bills and make biennial budget decisions that will impact our progress toward a clean economy for years to come.  Revenues from Climate...

Upgrades to food processing are a smart climate investment

Upgrades to food processing are a smart climate investment

Once upon a time, when people spoke about a “green economy” they were speaking about agriculture. Now we think about renewable energy. But today’s green economy is as much about agriculture and food production as it is about solar panels and EVs. ...

Auction results are in

Auction results are in

Based on the Climate Commitment Act’s Auction Summary Report,  $300 million dollars have been raised through capping emissions on large greenhouse gas emitters in Washington state.  These funds are now available to invest in cleaner, more resilient...

Why do gas prices jump around so much?

Why do gas prices jump around so much?

In brief, oil is a global commodity, so the price at the pump in Puyallup reflects decisions made in Riyadh about production, Houston about profit margins, and Moscow about war.  For a good, thorough explanation, read this, from...

Press Release: FIRST AUCTION FOR WA’S CCA LAUNCHES

Press Release: FIRST AUCTION FOR WA’S CCA LAUNCHES

(Seattle, WA) February 28, 2023– The landmark Cap and Invest Climate Commitment Act (CCA) holds its first revenue-generating auction today and is expected to raise significant funds to be invested in clean energy, clean transportation, natural...

How will CCA funds be invested in Natural Resources?

How will CCA funds be invested in Natural Resources?

As Washington state works to build a cleaner, greener economy, Mother Nature is not only an interested stakeholder, but also a powerful ally. Healthy forests and abundant fish contribute to our economic prosperity and our quality of life....

How will CCA funds be invested?

How will CCA funds be invested?

With just 17 days left in Session, negotiators from the Washington State House and Senate are working to align their biennial budgets – and we’re working to help them prioritize investments that will quickly and cost-effectively return clean...

Ferry system electrification is a smart climate investment

Ferry system electrification is a smart climate investment

The United Nations Intergovernmental Panel on Climate Change (IPCC) released its latest report about climate change, warning that “Climate change is a threat to human well-being and planetary health. There is a rapidly closing window of opportunity...

Spring forever forward?

Spring forever forward?

Though we’ll have an hour less time this weekend, we recommend that reading “Time Well Spent: An Economic Analysis of Daylight Saving Time Legislation” is indeed time well spent.  Authored by two University of Washington professors, it’s 15 years...

Remembering our Founder

Remembering our Founder

A year ago today we lost our founder, David Giuliani. David founded Clean & Prosperous Washington, and the Clean & Prosperous Institute believing that progress is possible when the public and private sectors work together, listening to –...

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