Climate Changed
Washington to Decide on First-of-Its-Kind U.S. Carbon Fee
- Measure could be first enacted by referendum in the world
- Governor sees carbon effort raising $2.3 billion by 2025
Water vapor rises from a fossil plant.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
Whatever you do, don’t call it a tax.
Voters in Washington state will go to the polls Nov. 6 to decide whether or not they want to impose a first-of-its-kind “fee” on carbon emissions. Ballot initiative 1631 marks the second time the state will vote to put a cost on emissions. A prior effort, labeled a carbon tax, failed when it was on the ballot two years ago.