Washington HB2251 establishes climate commitment act accounts to fund environmental and climate resilience projects.
Washington HB2251 creates three new accounts: the climate commitment act operating account, the climate commitment act capital account, and the air quality and health disparities improvement account. These accounts receive funds from auctions of allowances for greenhouse gas emissions. The funds are intended to support projects that reduce greenhouse gas emissions, improve air quality, and benefit overburdened communities. Projects may include renewable energy, energy efficiency, forest conservation, and other environmental initiatives.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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