Oregon Proposed 'Cap and Invest' Bill, Explained

Oregon legislators are hard at work on two new "cap and invest" bills that would establish a "market-based, carrot-and-stick approach to reducing greenhouse gas pollution."

1 minute read

January 14, 2018, 11:00 AM PST

By James Brasuell @CasualBrasuell


State capital building

JPL Designs / Shutterstock

According to an article by Ted Sickinger, the state is moving forward on two bills that "will pit environmental advocates determined to see the state do more to combat climate change against business interests who believe the policy is either not ready for primetime or, worse, a job-killing energy sales tax that will deliver little benefit for the planet."

Strickland's article provides an explainer post for the concept of cap and invest—also known as cap and trade, a system already in place in Canada and California. Here's how Strickland describes the essential goal of the proposed bills: "The state would replace its current greenhouse gas reduction goals – which it’s projected to miss – with an economy-wide emissions limit that declines each year. Ultimately the target would ratchet down to meet the new emission caps: 45 percent below 1990 levels by 2035 and 80 percent below 1990 levels by 2050."

Saturday, January 13, 2018 in The Oregonian

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Cover CM Credits, Earn Certificates, Push Your Career Forward

Aerial view of town of Wailuku in Maui, Hawaii with mountains in background against cloudy sunset sky.

Maui's Vacation Rental Debate Turns Ugly

Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.

July 1, 2025 - Honolulu Civil Beat

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

July 9, 2025 - Diana Ionescu

Map of Haussmann's redesign of Paris in the 1850s through 1870s under Napoleon III.

In Urban Planning, AI Prompting Could be the New Design Thinking

Creativity has long been key to great urban design. What if we see AI as our new creative partner?

June 30, 2025 - Tom Sanchez

View of dense apartment buildings on Seattle waterfront with high-rise buildings in background.

King County Supportive Housing Program Offers Hope for Unhoused Residents

The county is taking a ‘Housing First’ approach that prioritizes getting people into housing, then offering wraparound supportive services.

July 11 - Real Change

Aerial view of suburban housing near Las Vegas, Nevada.

Researchers Use AI to Get Clearer Picture of US Housing

Analysts are using artificial intelligence to supercharge their research by allowing them to comb through data faster. Though these AI tools can be error prone, they save time and housing researchers are optimistic about the future.

July 11 - Shelterforce Magazine

Green bike share bikes parked in a row on a commercial street with outdoor dining and greenery.

Making Shared Micromobility More Inclusive

Cities and shared mobility system operators can do more to include people with disabilities in planning and operations, per a new report.

July 11 - Cities Today