9. Without National Climate Action, How Can US States Put a Price on Carbon?
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Washington's Climate Commitment Act
Washington states program is economy wide, while reggie focuses on the power sector. Having predictable prices can help businesses and policy makers make better decisions,. So they're not caught off guard by certain economic shocks. How does washington's policy retain industries? This is the issue of leakage. With a carbon price, how does a state keep companies or industries from moving their production elsewhere? Right? If i have a company and i'm maximizing profits, i might want to move to a place where i don't have to pay for my carbon missions. But is that really a valid concern?" asks d d f suzanne brooks.
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