Washington’s cap-and-trade needs real fixes, not political rhetoric

Today, Catherine Reheis-Boyd, WSPA President and CEO, issued the following statement:

“Rather than ‘strategically misrepresenting’ the issue to the public, the Governor and lawmakers can help consumers and business in the state by working with us to fix the cap-and-trade program. They claimed the program would cost ‘pennies,’ but Washington’s consumers are now paying 50 cents per gallon for just the cap-and-trade program.  In total, the state has collected more than $850 million from just two auctions, and there are three more ahead this year.  It’s time for the political rhetoric to end and the real work to rein in the skyrocketing costs of this regulation to begin.”

“WSPA feels that well designed carbon programs can be important to reducing carbon emissions, and that we need to make sure that they don’t have undue impact to consumers or the economy.”

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