Big Oil Spending Tens of Millions to Defeat Washington State's Groundbreaking Carbon Fee Initiative
One way the global climate crisis is appearing on U.S. ballots on Tuesday is through Washington state’s Initiate 1631, a measure that would enact the nation’s first carbon fee. And the fossil fuel industry is dumping tens of millions of dollars into the state to defeat the measure proponents say could be a “game-changer” for curbing global warming.
“I-1631 is only one piece of the fierce and broad effort we need to address the climate crisis,” says 350.org Seattle, “but it’s an important one.”
As of this writing, state records show that the ‘yes’ side has spent nearly $16 million to help the measure pass. In contrast, nearly $32 million—nearly entirely from the fossil fuel industry—has been spent to defeat it. That amount breaks a state record—and gives an indication “of how desperate the industry is to not let this initiative happen,” as one observer noted.
While both sides engage in last minute campaigning, a Crosscut/Elway Poll conducted month showed 50 percent in favor, 36 percent opposed, and 14 percent undecided.
The yes campaign calls 1631, which differs from a failed 2016 revenue-neutral carbon tax initiative, “a practical first step to ensure clean air and clean water for everyone in Washington and gives us the chance to pass on a healthier state to the next generation.”
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Specifically, as Ballotpedia explains, the measure, created by the diverse Alliance for Jobs and Clean Energy, would tackle the climate crisis by:
- enacting a carbon emissions fee of $15 per metric ton of carbon beginning on January 1, 2020;
- increasing the fee by $2 annually until the state’s greenhouse gas reduction goals are met;
- and using the revenue from the fee to fund various programs and projects related to the environment.
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