Pricing Carbon & Valuing Damages

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Alliance members are incentivizing cost-effective emissions reductions by setting prices or caps on carbon pollution while also considering societal and environmental impacts of greenhouse gas emissions and climate change, including the social cost of greenhouse gases, across relevant policy-making and decision-making processes.

Member Action

Pricing Carbon & Valuing Damages

Below are tallies of the number of members that have adopted or are in the process of adopting statutory and executive policies and actions.

For the most up-to-date, in-depth breakdown of pricing carbon and valuing damages actions across our membership, explore the Alliance Policy Database.

Did You Know?

Source: Alliance Social Cost of Greenhouse Gases (SC-GHG) State Guide

Member Spotlight

Washington’s Cap-and-Invest Program Will Drive Investments to Overburdened Communities

In 2023, Washington kicked off its cap-and-invest program, which set a declining cap on the state’s carbon emissions and requires businesses to directly reduce their GHG emissions or pay for allowances. This program will help the state achieve its goal of net-zero GHG emissions by 2050 and requires 35% of investments — with a goal of 40% — to benefit overburdened communities, and 10% to investments supported by Tribes.

Source: Washington Department of Ecology