The Washington Department of Ecology has adopted a first-of-its-kind Clean Air Rule that caps and reduces carbon pollution as part of a new plan to curb climate change. Under the new rule, businesses that are responsible for 100,000 metric tons of carbon pollution annually will be required to cap and then gradually reduce their emissions.
The plan relies on businesses to trade independently among themselves and with other markets. All emissions reductions, projects, and trading will be validated by independent auditors with oversight from the department.
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