Habahnow comments on California and Washington state to join forces on carbon markets, aiming to cut pollution and raise billions

California and Washington state to join forces on carbon markets, aiming to cut pollution and raise billions (www.latimes.com)

submitted 1 month ago by velma@sh.itjust.works to c/washington@lemmy.world

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cross-posted from: https://slrpnk.net/post/43075229

Archived copy of the article — you do need to dismiss a couple of pop-ups

“By joining forces with our partner in Washington State, we will build a stronger, more durable carbon market that will drive investment, cut pollution, and power the clean economy of the future,” Newsom said in a statement.

The changes are estimated to provide $10 billion in direct relief to electricity customers through bill credits and generate an estimated $8 billion for the state’s climate fund, the Greenhouse Gas Reduction Fund, through 2030, according to the governor’s office.

[–] Habahnow@sh.itjust.works 2 points 1 month ago

This is pretty sick, i also appreciate the archived copy.

This program provides a framework for other states to follow in California, and soon Washington's, footsteps in cutting down greenhouse gasses. its also initial steps for a federal program.

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