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Washington State does cap and trade on industry. And yes, it has just become a 'standard tax' on individuals passed from industry to the pump to the tune of 40-
by nullindividual 3y ago
Washington State does cap and trade on industry. And yes, it has just become a 'standard tax' on individuals passed from industry to the pump to the tune of 40-50 cents/gal. While I agree that it is important to reduce consumption of fossil fuels, the infrastructure isn't there to enable people to commute from lower-cost areas of living to higher-cost areas of working.
This will likely be repealed by voters via initiative[0] this fall.
[0] https://www.seattletimes.com/seattle-news/environment/initiative-2117-to-repeal-wa-climate-act-takes-key-step-toward-ballot/ https://www.seattletimes.com/seattle-news/environment/initia...
More fun reading on our defacto gas tax:
https://www.king5.com/article/news/investigations/former-wsdot-economist-accuses-state-retaliation-for-refusing-lie-gas-prices/281-09151707-2976-48e2-bdd5-c65e36a52aac https://www.king5.com/article/news/investigations/former-wsd...