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Washington State Standard: A Climate Cash Spending Spree is About to Get Underway in Washington State

May 9, 2023
Alliance Executive Director Casey Katims joins Washington state officials in discussing climate provisions offered by state and federal programs.

“More than a year before Democrats in Congress approved a massive climate law last year, Washington state enacted the nation’s second cap-and-trade program that will provide billions of dollars for carbon reduction and environmental justice projects.

 

The funding is something climate activists have been seeking for years — if not decades — and state leaders and national experts say the state and federal efforts are largely complementary. But the unprecedented sums could also test the state’s capacity to administer the slew of new and newly flush programs.

 

‘Can we use all this money? There’s so much money now,’ said Becky Kelley, a climate policy adviser to Gov. Jay Inslee, a Democrat. ‘The answer is yes. There are a whole lot of new resources, but we can put all of them and more to use.’”

 

“In Washington, and other states that had been more aggressive on climate policy and spending before the unprecedented federal funding became a reality, the federal influx is easily compatible with existing state-level programs, said Casey Katims, the executive director of the U.S. Climate Alliance, a coalition of 24 governors who have committed to certain climate goals.

 

‘A lot of these funds can be blended and braided and stacked to strengthen the work across each of the different programs,’ Katims said. ‘Our states are leading on efforts to bring all of these resources to bear to decarbonize our economy across sectors.’”

The U.S. Climate Alliance in the news.
Tags
2023 In The News Inflation Reduction Act Pricing Carbon & Valuing Damages

Washington State Standard: A Climate Cash Spending Spree is About to Get Underway in Washington State

May 9, 2023
Alliance Executive Director Casey Katims joins Washington state officials in discussing climate provisions offered by state and federal programs.

“More than a year before Democrats in Congress approved a massive climate law last year, Washington state enacted the nation’s second cap-and-trade program that will provide billions of dollars for carbon reduction and environmental justice projects.

 

The funding is something climate activists have been seeking for years — if not decades — and state leaders and national experts say the state and federal efforts are largely complementary. But the unprecedented sums could also test the state’s capacity to administer the slew of new and newly flush programs.

 

‘Can we use all this money? There’s so much money now,’ said Becky Kelley, a climate policy adviser to Gov. Jay Inslee, a Democrat. ‘The answer is yes. There are a whole lot of new resources, but we can put all of them and more to use.’”

 

“In Washington, and other states that had been more aggressive on climate policy and spending before the unprecedented federal funding became a reality, the federal influx is easily compatible with existing state-level programs, said Casey Katims, the executive director of the U.S. Climate Alliance, a coalition of 24 governors who have committed to certain climate goals.

 

‘A lot of these funds can be blended and braided and stacked to strengthen the work across each of the different programs,’ Katims said. ‘Our states are leading on efforts to bring all of these resources to bear to decarbonize our economy across sectors.’”

About the Alliance

Launched in 2017 by the governors of Washington, New York, and California to help fill the void left by the U.S. federal government’s withdrawal from the Paris Agreement, the Alliance has grown to include 24 governors from across the U.S. representing approximately 60 percent of the U.S. economy and 55 percent of the U.S. population. Governors in the Alliance have pledged to collectively reduce net greenhouse gas emissions by at least 26-28 percent by 2025, 50-52 percent by 2030, and 61-66 percent by 2035, all below 2005 levels, and collectively achieve overall net-zero greenhouse gas emissions as soon as practicable, and no later than 2050.  

 

The Alliance’s states and territories continue to advance innovative and impactful climate solutions to grow the economy, create jobs, and protect public health, and have a long record of action and results. In fact, the latest data shows that as of 2023, the Alliance has reduced its collective net greenhouse gas emissions by 24 percent below 2005 levels, while increasing collective GDP by 34 percent, and is on track to meet its near-term climate goal of reducing collective greenhouse gas emissions 26 percent below 2005 levels by 2025. 

 

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About the Alliance

Launched in 2017 by the governors of Washington, New York, and California to help fill the void left by the U.S. federal government’s withdrawal from the Paris Agreement, the Alliance has grown to include 24 governors from across the U.S. representing approximately 60 percent of the U.S. economy and 55 percent of the U.S. population. Governors in the Alliance have pledged to collectively reduce net greenhouse gas emissions by at least 26-28 percent by 2025, 50-52 percent by 2030, and 61-66 percent by 2035, all below 2005 levels, and collectively achieve overall net-zero greenhouse gas emissions as soon as practicable, and no later than 2050.  

 

The Alliance’s states and territories continue to advance innovative and impactful climate solutions to grow the economy, create jobs, and protect public health, and have a long record of action and results. In fact, the latest data shows that as of 2023, the Alliance has reduced its collective net greenhouse gas emissions by 24 percent below 2005 levels, while increasing collective GDP by 34 percent, and is on track to meet its near-term climate goal of reducing collective greenhouse gas emissions 26 percent below 2005 levels by 2025. 

 

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