Initiative Measure No. 2117 concerns carbon tax credit trading.
This measure would prohibit state agencies from imposing any type of carbon tax credit trading, and repeal legislation establishing a cap and invest program to reduce greenhouse gas emissions. This measure would decrease funding for investments in transportation, clean air, renewable energy, conservation, and emissions-reduction.
Should this measure be enacted into law?
The Secretary of State is not responsible for the content of statements or arguments (WAC 434-381-180).
Written by the Office of the Attorney General
In 2021, the Washington Legislature enacted the Climate Commitment Act, which directed the Department of Ecology to design and implement a cap-and-invest program to reduce statewide greenhouse gas emissions. The program works by setting an emissions limit, or cap, and then lowering the cap over time to help ensure Washington meets the greenhouse gas reduction commitments previously set elsewhere in state law. Under the Climate Commitment Act, large emitters of greenhouse gas pollution subject to the program must either reduce their carbon emissions or pay for “allowances” to cover their emissions.
The cap-and-invest program applies to certain large emitters of greenhouse gas pollution, including large facilities, fuel suppliers, natural gas and electric utilities, waste-to-energy facilities (starting in 2027), and railroads (starting in 2031). Generally, entities with annual emissions below 25,000 metric tons of carbon dioxide equivalent are not required to obtain allowances to cover their emissions. Carbon dioxide equivalent is a measure used to compare the emissions from various greenhouse gases based on their global warming potential. Additionally, the emissions from certain facilities and certain types of fuel are not subject to the law. These include emissions from fuels used for agriculture or the transportation of agricultural products, aviation fuels, marine fuels combusted outside of Washington, and fuels exported out of Washington. The law also exempts emissions from national security facilities and certain municipal solid waste landfills.
Large emitters of greenhouse gas pollution covered by the program must obtain allowances equal to their covered emissions. Allowances are available through auctions administered by the Department of Ecology. The price of allowances sold at auctions fluctuates depending on market demand. Allowances can also be bought or sold through secondary markets at any time based on market prices. A portion of each polluter’s compliance obligation may also be met using offset credits, which are also bought and sold on a secondary market. An offset credit is purchased from developers of projects that the Department of Ecology has verified will result in permanent greenhouse gas reductions. Three types of polluters are issued free allowances that can be used to cover some or all of their emissions: “emissions-intensive, trade exposed” industries, natural gas utilities, and electric utilities.
All polluters covered by the program must report their greenhouse gas emissions and submit their allowances or other compliance instruments to the Department of Ecology according to a specific schedule. Failure to submit the required number of allowances by the applicable deadline results in an automatic penalty requiring the polluter to submit four allowances for each missing one. Failure to comply with other requirements of the cap-and-invest program is subject to fines of up to $50,000 per violation, per day.
Proceeds from the allowance auctions are appropriated by the Legislature and must be invested in climate projects throughout the state, including projects to increase climate resiliency, fund alternative-transportation grant programs, and help Washington transition to a low-carbon economy. State agencies that receive auction proceeds must conduct environmental justice assessments when allocating those funds, consistent with requirements set elsewhere in state law. At least 35% of auction proceeds are required to be used for projects that provide a direct benefit to people in communities disproportionately impacted by environmental harms. Additionally, at least 10% of auction proceeds must be used for projects with Tribal support. The Department of Ecology is required to provide an annual report to the Legislature summarizing how the auction proceeds have been used and whether each project produced verifiable emissions reductions. In 2023, cap-and-invest auctions raised $1.8 billion.
In addition to establishing the cap-and-invest program to reduce greenhouse gas emissions, the Climate Commitment Act also establishes a program for the Department of Ecology to reduce emissions of certain air pollutants (particulate matter, ozone, nitrogen dioxide, carbon monoxide, lead, and sulfur dioxide) in communities that the Department of Ecology has determined are overburdened and highly impacted by air pollution. This part of the Act requires the Department of Ecology to collect data needed to determine which sources contribute the most to air pollution in these communities. The Climate Commitment Act then requires the Department of Ecology to work with local air agencies to analyze this data and use it to develop and enforce stricter air quality standards where appropriate.
If approved, Initiative Measure No. 2117 would repeal the Climate Commitment Act, and bar state agencies from implementing carbon tax credit trading programs. Repealing the Climate Commitment Act would eliminate the climate and air quality programs described above as well as the funding source for investments in climate projects throughout the state.
The Climate Commitment Act carbon allowance auctions began in February 2023 and have generated $2.15 billion in revenue between then and the auction of June 5, 2024. Under the initiative, the last auction would take place on September 4, 2024. The three remaining auctions scheduled in state fiscal year 2025 would be canceled.
Written by the Office of Financial Management
For more information visit www.ofm.wa.gov/ballot
If approved by voters, Initiative 2117 will reduce state revenue from carbon allowance auctions by $3.8 billion and reduce state expenditures by $1.7 billion between the effective date of the initiative and June 30, 2029. This would reduce or eliminate funding for numerous programs and projects, including for:
Local government fiscal impacts are indeterminate.
Initiative 2117 would repeal the law that requires the Department of Ecology (ECY) to hold carbon allowance auctions, called the Climate Commitment Act; therefore, the state would no longer collect revenue from those auctions. The Climate Commitment Act also established a secondary market for private parties to trade allowances and offset credits; therefore, the state would no longer collect revenue from the business and occupation (B&O) tax assessed on certain secondary market transactions.
The projected revenue loss would be $758.1 million in state fiscal year 2025. Three of the four annual carbon allowance auctions would not take place and allowance sales generating B&O taxes would end.
The initiative eliminates five accounts created under the Climate Commitment Act. If the initiative is approved, the remaining funds in those five accounts will be transferred to two new accounts:
An estimated $1 million to $300 million would be transferred into the Transportation Carbon Emissions Reduction Account, and $700 million to $900 million would be transferred into the Consolidated Climate Account. These amounts would be available to spend.
(See Table 2 on page 27.)
(See Table 3 on page 28.)
WSDOT would lose anticipated future funding and spending authority for ongoing programs of approximately $2.8 million each biennium, including:
Additionally, money would not be available for future transportation projects. The 2024 supplemental budget transportation spending plan, approved by the Legislature and used to develop future budgets, plans on spending $1 billion for various projects. These projects include:
(See Table 4 on page 28.)
None
For the purposes of this fiscal impact statement, it is assumed future spending from the accounts will end when the remaining fund balances are exhausted. It’s unknown what funding may be available to spend beyond June 30, 2025.
(See Table 5 on page 28.)
(See Table 6 on page 29.)
The ECY and other agencies would lose anticipated future spending authority for ongoing programs of approximately $35 million each biennium to administer the Climate Commitment Act. ECY would lose funding no longer required for administration of the cap-and-invest program. ECY would lose funding to expand the state’s air quality monitoring network and improve air quality standards in overburdened communities highly impacted by air pollution.
The ECY would also lose $31.5 million per biennium for grants to Tribes to increase capacity to engage and work on climate-related projects and for carbon offset project development and $3.8 million to make improvements to Washington’s inventory of greenhouse gas emissions.
(See Table 7 on page 30.)
Forestland and coastal land preservation:
Fire prevention and forest health:
Riparian area and salmon habitat protection:
Sixteen state agencies would lose anticipated future spending authority for ongoing programs of approximately $200 million in state fiscal years 2026–2027 and $130 million in state fiscal years 2028–2029 for multiple activities including clean energy development, environmental justice work and climate adaptation planning.
Nine state agencies would lose anticipated future spending authority for ongoing programs of approximately $50 million each biennium to continue work on programs and projects which increase the resilience of the state’s waters, forests and other vital ecosystems to the impacts of climate change; conserve forestlands; and increase natural carbon-pollution reduction capacity.
(See Table 8 on page 30.)
The account would be eliminated along with $40 million in anticipated future funding for ongoing programs administered by ECY to improve air quality and reduce health disparities in overburdened communities.
The University of Washington (UW) and Washington State University (WSU) are covered entities under the Climate Commitment Act and are required to purchase or acquire compliance instruments (carbon-emission allowances and offset credits) to account for their covered greenhouse gas emissions. Under the initiative, this requirement would be eliminated. The UW would save an estimated $3.4 million in state fiscal year 2025 and $3.8 million each year in state fiscal years 2026–2029. WSU would save $3.3 million in state fiscal year 2025 and $3.7 million each year in state fiscal years 2026–2029.
Both universities receive state funding to cover a portion of this obligation cost. The remainder must be paid for by other funding sources. The UW currently receives $1,733,000 in State General Fund each state fiscal year to pay for a portion of their obligation. WSU currently receives $1,718,000 in State General Fund each state fiscal year to pay for a portion of their obligation. The 2024 supplemental operating budget provided an additional $4.3 million in state fiscal year 2024 and $2.6 million in state fiscal year 2025 from the State General Fund for WSU to pay for their obligation.
Several state agencies and local governments use Climate Commitment Act funding as a required match to receive federal funding, and this match funding is often required before applying for federal grants. Under the initiative, these federal grants would be at risk if the Climate Commitment Act funds are not replaced. It is unknown exactly how much federal funding the state or local governments would receive that would be matched with Climate Commitment Act funding in the future. Therefore, the potential impact of the initiative on the amount of federal funds the state and local governments would receive is indeterminate. Some examples are included.
Currently, Transit Formula and Special Needs grant local projects use Climate Commitment Act funding for federal match. The federal amount that would not be funded each fiscal year is approximately $12 million. For rural mobility projects, the amount is approximately $8 million each fiscal year.
The Cascadia High-Speed Rail Program was accepted under the Corridor Identification and Development (CID) Program, which is a long-term federal grant pipeline. Federal funding for the next steps for the High-Speed Rail Program requires state matching funds. The program is currently negotiating with the federal railroad administration for a CID grant award amount. These negotiations assume availability of $25 million of Climate Commitment Act funding in the current biennium for state match – and ability to extend spending, if needed – to align with the reimbursement cycle for the federal grant. Under the initiative, WSDOT would be unable to accept $391.7 million of federal funding in state fiscal years 2025–2029 through the CID Program without alternative funding.
Under the initiative, ECY would conduct rulemaking from January 2025 through December 2027 to repeal Climate Commitment Act rules and to amend rules regarding greenhouse gas emission reporting. Estimated costs are $1.2 million from the State General Fund for staff to conduct this rulemaking and for support from the Office of the Attorney General.
WSU has leased a building in Richland, Washington to house the Institute for Northwest Energy Futures and is paying for this lease with funding from the Climate Commitment Act. WSU is contractually obligated for future expenses through December 1, 2026. Under the initiative, this funding would be eliminated, and WSU would need to find other funds to pay these expenses. The cost is estimated at $810,000 in state fiscal year 2026 and $809,000 in state fiscal year 2027 and would likely be paid for with the State General Fund.
Under the initiative, the Joint Legislative Audit and Review Committee (JLARC) would not conduct a mandated performance audit of Climate Commitment Act implementation which is required by December 1, 2029. The estimated savings to JLARC is $200,000 from the State General Fund in state fiscal year 2029.
Passage of the initiative would reduce Climate Commitment Act funding provided by state agencies to local governments and K–12 public schools. Currently, cities, counties, K–12 schools, and other local entities can receive grants, loan, or contract funding from approximately 130 programs across dozens of state agencies. Under the initiative, all these programs would lose funding past June 30, 2025. Between December 5, 2024, and June 30, 2025, approximately 50 programs and $415.7 million would be eliminated. It is unknown which local governments would apply for grants or loans and be awarded funding, or the amounts of such awards that would be eliminated under the initiative.
Significant programs in SFY 2025 that would be eliminated under the initiative:
Currently, 53 cities, counties, and other publicly owned entities that provide electricity to local ratepayers participate in the cap-and-invest program that would be eliminated under the initiative. Currently, these utilities receive free allowances to cover the total cost burden of compliance, including administrative costs and the costs of acquiring allowances or offset credits equal to the carbon emissions from the power plants that serve their ratepayers. These utilities can use the free allowances to meet their cap-and-invest compliance obligations. Alternatively, they can use some of the free allowance value to implement programs that benefit ratepayers. Under the initiative, through 2030, the total value of the free allowances that these entities would not receive is forecasted at $1.3 billion.
Two cities in Washington provide natural gas to local ratepayers. They participate in the Climate Commitment Act’s cap-and-invest program due to the level of their carbon emissions: the City of Enumclaw and the City of Ellensburg. The initiative repeals the cap-and-invest program, and these two cities would no longer be required to acquire allowances or offset credits equal to their carbon emission levels. Under the initiative, through 2030, the total value of the free allowances that these cities would not receive is forecasted at $13.4 million.
| Account | SFY 2025 | SFY 2026 | SFY 2027 | SFY 2028 | SFY 2029 |
|---|---|---|---|---|---|
| Carbon Emissions Reduction Account | ($672,271,000) | ($71,823,000) | ($71,823,000) | ($71,823,000) | ($71,823,000) |
| Climate Transit Programs Account | $0 | ($201,106,000) | ($201,106,000) | ($201,106,000) | ($201,106,000) |
| Climate Active Transportation Account | $0 | ($86,188,000) | ($86,188,000) | ($86,188,000) | ($86,188,000) |
| Climate Investment Account, portions of which are distributed to the Climate Commitment Account and Natural Climate Solutions Account | ($79,285,000) | ($472,765,000) | ($422,789,000) | ($402,426,000) | ($301,837,000) |
| Air Quality and Health Disparities Improvement Account | ($2,500,000) | ($10,000,000) | ($10,000,000) | ($10,000,000) | ($10,000,000) |
| General Fund-State | ($3,400,000) | ($7,100,000) | ($7,400,000) | ($7,800,000) | ($8,100,000) |
| Workforce Education Investment Account | ($600,000) | ($1,200,000) | ($1,200,000) | ($1,300,000) | ($1,400,000) |
| Total | ($758,056,000) | ($850,182,000) | ($800,566,000) | ($780,643,000) | ($680,514,000) |
| Account | SFY 2025 | SFY 2026 | SFY 2027 | SFY 2028 | SFY 2029 |
|---|---|---|---|---|---|
| Carbon Emissions Reduction Account | ($435,594,125) | ($1,387,000) | ($1,387,000) | ($1,387,000) | ($1,387,000) |
| Transportation Carbon Emissions Reduction Account | $230,354,125 | $0 | $0 | $0 | $0 |
| Climate Active Transportation Account | $0 | ($9,533,500) | ($9,533,500) | ($9,533,500) | ($9,533,500) |
| Climate Transit Programs Account | $0 | ($179,850,000) | ($179,850,000) | ($179,850,000) | ($179,850,000) |
| Climate Investment Account | ($35,256,884) | ($35,443,000) | ($35,443,000) | ($35,094,000) | ($35,094,000) |
| Climate Commitment Account | ($896,196,884) | ($102,620,000) | ($97,523,000) | ($66,026,000) | ($64,389,000) |
| Natural Climate Solutions Account | ($282,251,136) | ($25,392,000) | ($27,953,000) | ($22,956,000) | ($25,853,000) |
| Air Quality and Health Disparities Investment Account | ($19,333,611) | $0 | $0 | $0 | $0 |
| Consolidated Climate Account | $653,797,443 | $0 | $0 | $0 | $0 |
| General Fund-State | ($6,349,000) | ($6,152,000) | ($6,364,000) | ($7,500,000) | ($7,700,000) |
| General Fund-Federal | ($45,000,000) | ($70,000,000) | ($70,000,000) | ($70,000,000) | ($236,700,000) |
| Total | ($835,829,954) | ($430,377,000) | ($428,053,500) | ($392,346,500) | ($590,506,500) |
| Agency | Spending authority eliminated | Spending authority transferred to the Transportation Carbon Emissions Reduction Account |
|---|---|---|
| Department of Commerce | ($5,000,000) | $0 |
| Department of Ecology | ($4,000,000) | $0 |
| Department of Enterprise Services | ($13,500,000) | $0 |
| Department of Natural Resources | $0 | $671,724 |
| Joint Transportation Committee | ($477,000) | $2,243,091 |
| Washington State Department of Transportation | ($182,263,000) | $227,439,310 |
| Washington State Parks & Recreation Commission | $0 | $0 |
| Total | ($205,240,000) | $230,354,125 |
| Agency | Spending authority eliminated | Spending authority retained |
|---|---|---|
| Transportation Improvement Board | $0 | $7,067,000 |
| Washington State Department of Transportation | $0 | $322,984,552 |
| Total | $0 | $330,051,552 |
| Agency | Spending authority eliminated | Spending authority transferred to the Consolidated Climate Account |
|---|---|---|
| Department of Ecology | ($12,081,799) | $21,058,099 |
| Department of Health | $0 | $489,012 |
| Department of Licensing | $0 | $0 |
| Environmental and Land Use Hearings Office | $0 | $838,354 |
| Office of Financial Management | ($2,370) | $565,450 |
| Recreation and Conservation Office | $0 | $116,800 |
| Washington State Conservation Commission | ($105,000) | $0 |
| Total | ($12,189,169) | $23,067,715 |
| Agency | Spending authority eliminated | Spending authority transferred to the Consolidated Climate Account |
|---|---|---|
| Central Washington University | ($16,973,000) | $1,300,473 |
| Columbia River Gorge Commission | $0 | $70,250 |
| Department of Architectural and Historic Preservation | $0 | $506,755 |
| Department of Children, Youth and Families | $0 | $3,199,000 |
| Department of Commerce | ($269,919,794) | $303,908,217 |
| Department of Corrections | ($600,000) | $1,600,000 |
| Department of Ecology | ($9,792,103) | $17,917,345 |
| Department of Enterprise Services | ($1,617,575) | $0 |
| Department of Health | $120,000 | $79,236,333 |
| Department of Labor & Industries | $0 | $3,463,669 |
| Department of Natural Resources | ($862,000) | $5,423,409 |
| Department of Revenue | $0 | $281,500 |
| Department of Social and Health Services | ($9,958,915) | $0 |
| Department of Veteran’s Affairs | $0 | $200,000 |
| Energy Facility Site Evaluation Council | ($68,000) | $4,561,612 |
| Employment Security Department | $0 | $329,837 |
| Eastern Washington University | ($9,998,000) | $50,000 |
| Governor’s Office of Indian Affairs | $0 | $495,218 |
| Office of Financial Management | ($875,000) | $3,240,284 |
| Office of the Superintendent of Public Instruction | ($30,000,000) | $7,525,000 |
| The Evergreen State College | $0 | $0 |
| University of Washington | ($39,053,000) | $9,055,869 |
| Washington State Board of Community & Technical Colleges | ($2,475,000) | $5,781,000 |
| Washington State Conservation Commission | ($3,048,483) | $22,400,000 |
| Washington State Department of Agriculture | ($3,407,000) | $2,553,592 |
| Washington State Department of Fish & Wildlife | $0 | $1,056,113 |
| Washington State Parks & Recreation Commission | ($950,000) | $1,462,443 |
| Washington State University | ($13,000,000) | $352,823 |
| Western Washington University | ($7,000,000) | $0 |
| Workforce Training Board | $0 | $508,273 |
| Total | ($419,717,870) | $476,479,014 |
| Agency | Spending authority eliminated | Spending authority transferred to the Consolidated Climate Account |
|---|---|---|
| Department of Commerce | ($7,975,000) | $2,600,546 |
| Department of Ecology | ($2,079,963) | $21,451,072 |
| Department of Enterprise Services | $0 | $0 |
| Department of Health | $0 | $22,828 |
| Department of Natural Resources | ($54,594,358) | $26,464,652 |
| Military Department | $0 | $84,022 |
| Recreation and Conservation Office | ($72,006,000) | $57,279,700 |
| University of Washington | $0 | $486,602 |
| Washington State Conservation Commission | ($5,603,713) | $24,331,293 |
| Washington State Department of Agriculture | ($5,000,000) | $114,884 |
| Washington State Department of Fish and Wildlife | $0 | $1,145,241 |
| Washington State Parks & Recreation Commission | ($75,000) | $936,263 |
| Total | ($147,334,034) | $134,917,102 |
| Agency | Spending authority eliminated | Spending authority transferred to the Consolidated Climate Account |
|---|---|---|
| Department of Ecology | $0 | $19,333,611 |
| Total | $0 | $19,333,611 |
Vote “Yes” on I-2117 to repeal Washington’s expensive, unfair, and wasteful CO2 tax
The CO2 tax increases the cost of gasoline and energy and drives up the price of everything we buy. A hidden tax that hurts low-income people most while providing large handouts to special interests. That’s why a bipartisan group of climate scientists, farmers, small business owners, and environmental justice advocates is voting “Yes” on I-2117 to cut energy prices and protect jobs.
Politicians promised the CO2 tax would make gasoline prices go up by only “pennies.” Instead, the CO2 tax added nearly 40 cents per gallon at the pump, making Washington’s fuel some of the most expensive in the nation. Plus, the tax will double in just a few years.
While working families struggle with higher prices, politicians offer token, election-year “credits” to hide the real costs of the tax. The state even made it illegal for utilities to tell people the CO2 tax is hiking up their bills. This tax is unfair and kills small businesses and good jobs.
The CO2 tax gives billions to government bureaucrats, with little left for tackling pollution and climate change. Lots of cash for special interests, but almost nothing to stop wildfires or improve air quality. Vote “Yes” to support environmental action that prioritizes the planet not politics.
I-2117 is a purposely misleading, poorly written initiative that won’t do a thing to guarantee lower costs for working families. It will endanger our health and safety and would devastate our transportation system.
I-2117 is a threat to our air, land and water - putting our health at risk.
I-2117 would jeopardize vital protections for our waterways, including rivers, lakes and streams. It would mean more toxic pollution in the air we breathe, resulting in more adults and kids suffering with asthma and illness. It would gut programs that protect our communities from wildfires and eliminate efforts to support salmon recovery and fish habitat.
I-2117 threatens the safe, reliable functioning of our entire transportation system.
I-2117 would cut one-third of funding for our state’s already stretched transportation plan, making traffic congestion worse and commutes even longer. These drastic cuts would impact every corner of our state, putting major road and bridge projects addressing congestion, safety and freight mobility in danger of severe delays or outright cancellation.
I-2117 reduces funding to restore a ferry system already in crisis and would drastically slash transit service.
The devastating harm I-2117 would cause has produced a uniquely broad and diverse coalition united in opposition. Over 350 organizations – including firefighters, small businesses, leading companies, doctors, nurses, labor unions and environmental leaders – and Tribal Nations have joined together to fiercely oppose I-2117. No to more pollution. No to more traffic congestion. No on I-2117. It’s a bad deal for Washington.
Advocates of the CO2 tax – the largest energy tax in state history – claim it doesn’t increase energy costs. They know this is false. We all felt the harm from soaring gasoline prices. Repealing the tax lowers prices. Tax supporters also know the law prohibits the taxes from maintaining roads and bridges. Ending the tax will not hurt transportation. Don’t be fooled by dishonest scare tactics. Vote “Yes” to pay less and protect low-income Washingtonians.
The people behind I-2117 make many misleading claims. If its supporters wanted to lower gas prices, they should have pushed an initiative to cut the gas tax. There is nothing in I-2117 that guarantees lower gas prices – but it will mean more pollution in our air and waterways, and more asthma and illness. It will devastate our transportation system, increasing traffic congestion and commute times, and costing jobs. Don’t be fooled. Vote no on 2117.
Nichole Banegas, Environmental Justice Leader; Cliff Mass, Professor of Atmospheric Sciences; Ben Tindall, Executive Director of Save Family Farming; Sheri Call, President & CEO, Washington Trucking Associations; Todd Myers, environmental author, former Puget Sound Salmon Recovery Councilmember; Matt Boehnke, State Senator, 8th Legislative District
Contact: No information submitted
Mark Riker, Executive Secretary, Washington Building & Construction Trade Council; Leonard Forsman, Chairman Suquamish Tribe, Affiliated Tribes of Northwest Indians; Maia Bellon, The Nature Conservancy in Washington, Board Chair, Tumwater; Richard de Sam Lazaro, Transportation Choice Coalition, Board President; Lindsey Kirsch, Pediatric Registered Nurse; Jason Wilkins, State Council of Firefighters, Spokane, Wildland Taskforce Leader
Contact: (206) 331-3969; info@no2117.com; no2117.com
AN ACT Relating to prohibiting all state agencies, counties, and cities from implementing any type of carbon tax credit trading, also known as “cap and trade” or “cap and tax” scheme; adding a new section to chapter 70A.65 RCW; creating a new section; and repealing RCW 43.21C.520, 70A.15.1100, 70A.45.110, 70A.65.005, 70A.65.010, 70A.65.020, 70A.65.030, 70A.65.040, 70A.65.050, 70A.65.060, 70A.65.070, 70A.65.080, 70A.65.090, 70A.65.100, 70A.65.110, 70A.65.120, 70A.65.130, 70A.65.140, 70A.65.150, 70A.65.160, 70A.65.170, 70A.65.180, 70A.65.200, 70A.65.210, 70A.65.220, 70A.65.230, 70A.65.240, 70A.65.250, 70A.65.260, 70A.65.270, 70A.65.280, 70A.65.290, 70A.65.300, 70A.65.305, 70A.65.310, 70A.65.900, and 70A.65.901.
BE IT ENACTED BY THE PEOPLE OF THE STATE OF WASHINGTON:
A new section is added to chapter 70A.65 RCW to read as follows:
All state agencies are prohibited from implementing any type of carbon tax credit trading, also known as “cap and trade” or “cap and tax” scheme, including the climate commitment act previously codified as chapter 70A.65 RCW. This prohibition applies whether the resulting increased costs are imposed on fuel recipients or fuel suppliers.
The following acts or parts of acts are each repealed:
The provisions of this act are to be liberally construed to effectuate the policies, purposes, and intent of this act.
If any provision of this act or its application to any person or circumstance is held invalid, the remainder of the act or the application of the provision to other persons or circumstances is not affected.
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