Millions more in revenue expected as Washington conducts third pollution allowance sale
Washington held its third quarterly cap-and-trade auction Wednesday, with 8,585,000 pollution allowances available for purchase. An allowance is equal to one metric ton of carbon dioxide. Companies that produce air pollution have to buy allowances to cover their emissions. On Sept. 6, Ecology will confirm the amount raised in the special auction and details from Wednesday’s quarterly sale. Continue reading at WA State Standard. (Jules Frazier)
E-bike rebates, borrowing program on the horizon for WA riders
Washington will unlock millions of dollars for people looking to buy — or borrow — electric bikes through a statewide program set into the state’s transportation budget. Vouchers worth up to $1,200 for e-bike buyers will be available next year, and a series of lending libraries across the state will follow, said Barb Chamberlain of the Washington Department of Transportation. Continue reading at Seattle Times. (Seth Wenig)
White House plan to cut drug prices could lower costs for over 100K WA seniors
The Biden White House has announced plans to negotiate for lower prices on 10 drugs, which could save seniors in Washington state a lot of cash. The move to negotiate drug prices directly with pharmaceutical companies was made possible thanks to the Inflation Reduction Act, which became law last year. Continue reading at KUOW. (Northwest News Network)
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