Washington’s CO2 tax will add about 40¢ per gallon to gasoline and 48 cents for diesel after the results of the latest auction.
The price of $50 per metric ton (MT) of CO2 is an increase of about 24% from December’s price of $40.26 and nearly double the price at the March 2024 auction ($25.76 per MT).
Additionally, this price is 19% higher than the projected $42.11 from the Department of Ecology’s December 2024 forecast.
More than twenty new taxes are being proposed by legislators, and many of them are making it through cutoff.
TAKE ACTION
Does a bill proposed in Olympia upset or inspire you? TAKE ACTION:
TRACK BILLS: Using the state Legislature's bill page, you can search by bill number or do an advanced search using key terms. Scroll down and you'll also see the day's committee hearings and agendas.
TESTIFY: You can make your voice heard easier than ever by testifying in person, remotely, in writing or by simply signing in and stating whether you are pro or con. Here is the legislature's step by step guide.
SHARE: Tell your friends, family, and coworkers about what you see. Share the information you get from WPC. Let them know their voice should count too!
FEATURED ARTICLES
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Family caregivers for beneficiaries of WA Cares will require state-approved training By Elizabeth New
Not only is WA Cares punishing workers' paychecks, but now family caregivers may also need to get state licensed to be eligible for the funds. READ MORE
Legislative winners and losers so far By Mark Harmsworth
It's halftime for the legislature, which means many bad bills died, and a few good ones survived. READ MORE
How the legislature just voted to raise your rent By Mark Harmsworth
House Bill 1217 is bad policy, will increase rents, reduce housing supply and should be rejected by the Washington Senate to prevent it becoming law. READ MORE
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