Wed.Oct 17, 2018

article thumbnail

The prospects for I-1631 eliminating 20 million tons of carbon pollution annually by 2035

Low Carbon Prosperity

To download a copy of the full analysis, click here for a PDF version. SUMMARY. In this Low Carbon Prosperity Institute (LCPI) analysis, we explore scenarios of carbon reduction investment performance based on the revenue allocation described in Initiative 1631. The initiative, also known as the “Protect Washington Act”, imposes a steadily increasing carbon pollution fee on most fossil fuel uses and directs revenue toward projects to reduce carbon emissions, as well as investments in forests, wa

article thumbnail

Appendix A: Initiative 1631 Funding to Offset Increases In Lower Income Energy Burdens

Low Carbon Prosperity

Appendix A provides supporting material for LCPI’s analysis of Initiative 1631 (Protect Washington Act) Prospects for eliminating 20 million tons of carbon pollution annually in 2035. Initiative 1631 directs a minimum of 15% of the Clean Air & Clean Energy Account plus utility retained credits towards: “…sufficient investments to eliminate net increases in energy burden of customers that are people with lower incomes as a result of actions to reduce pollution, including the requi

Energy 40