Carbon pricing proponents in the U.S. saw their second defeat in two years in the same state when Washington voters soundly defeated I-1631, a carbon fee that would fund emission reductions. Unlike I-732 in 2016, environmentalists were unified.
A dire report on climate change issued by a United Nations panel influenced Washington-based Microsoft to take a position on a controversial state carbon fee, Initiative 1631. Oil companies are fighting back, citing wide exemptions from the fee.
Two days after a Nobel prize was awarded to William Nordhaus for his work on carbon taxes to address climate change, the largest American oil and gas company announced a $1 million contribution to a group promoting a carbon fee and dividend plan.
Initiative 1631 takes up where Gov. Jay Inslee's carbon tax legislation ended in March after failing to attract enough supporters. The new initiative differs from I- 732 which was rejected by 59 percent of voters two years ago.
Environmental, labor, and community groups in Washington State filed an initiative for placement of a carbon fee on the November ballot. Unlike a similar measure in 2016, revenues would be used to mitigate emissions.
The city of Portland is considering a propane export terminal project for the Port of Portland. The export terminal is just one of many energy export facilities under consideration in the Pacific Northwest.