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Carbon market linkage bill signed into law

Carbon market linkage bill signed into law

Legislation to support the linkage of Washington’s cap-and-invest carbon market with those of California and Québec was signed into law today by Gov. Jay Inslee. Senate Bill 6058, sponsored by Sen. Joe Nguyễn (D-White Center), makes numerous technical changes to carbon markets to help align Washington’s market with those of California and Quebec, and is an important step forward ...

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Senate budget proposal emphasizes investments in behavioral health, public schools

Senate budget proposal emphasizes investments in behavioral health, public schools

OLYMPIA — Washington State Senate budget leaders unveiled a $71.7 billion supplemental operating budget plan Monday that increases support for behavioral health and public schools.  The budget adds roughly $1.9 billion in new spending to the two-year budget passed by lawmakers in April 2023.  “Many hours and conversations went into shaping our supplemental budget proposal, and I’m very ...

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Carbon market linkage bill passes Senate

Carbon market linkage bill passes Senate

Legislation to support efforts linking Washington’s cap-and-invest carbon market to those of California and Quebec passed the Washington State Senate Monday. Senate Bill 6058, sponsored by Sen. Joe Nguyễn (D-White Center), makes numerous technical changes to carbon markets to help align Washington’s market with those of California and Quebec, and is an important step forward for the cap-and-invest program created ...

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Oil price transparency bill heard by Senate

Oil price transparency bill heard by Senate

Legislation sponsored by Sen. Joe Nguyễn (D-White Center) to bring transparency and accountability to gas prices and the oil industry was heard this morning in the Washington State Senate. The bill, SB 6052, would bring transparency to how oil companies set prices and make it possible to protect consumers. The hearing can be viewed on TVW here. The law ...

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Senators Nguyễn and Liias – “We can’t stop our climate progress”

Senators Nguyễn and Liias – “We can’t stop our climate progress”

Sen. Joe Nguyễn (D-White Center), chair of the Senate Environment, Energy & Technology Committee, and Sen. Marko Liias (D-Everett), Chair of the Senate Transportation Committee, today affirmed the Legislature’s commitment to combatting climate change and moving toward a clean energy future. The legislators noted how investments made possible by the Climate Commitment Act are already supporting alternative fuels and electric ...

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More than $108 million refunded to Washington families through Working Families Tax Credit  

More than $108 million refunded to Washington families through Working Families Tax Credit  

More than $108 million has been refunded to Washington families through the Working Families Tax Credit (WFTC).   The WFTC (House Bill 1297) is a sales and use tax remittance rebate to support working families who pay a disproportionate amount of their income in taxes. It is designed to put up to $1,200 per year ...

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Nguyễn issues statement on directive to link WA carbon market with California, Québec

Nguyễn issues statement on directive to link WA carbon market with California, Québec

Sen. Joe Nguyễn (D-White Center), chair of the Environment, Energy & Technology Committee, issued the following statement on the Department of Ecology’s preliminary decision to link Washington’s carbon market with California and Québec:   “I am excited to hear of the Department of Ecology’s decision to pursue a linkage agreement with our partners in California and Québec. ...

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Nguyễn steps into new role as vice chair of Senate Ways & Means Committee 

Nguyễn steps into new role as vice chair of Senate Ways & Means Committee 

FOR IMMEDIATE RELEASE: Sept. 21, 2023 ------------------------------------------ Sen. Joe Nguyễn (D-White Center) has been elected vice chair of the Senate Ways & Means Committee by his Senate colleagues. He will step into the role while continuing to serve as chair of the Senate Environment, Energy & Technology Committee.   Nguyễn was appointed to the role on Thursday.  He will ...

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Nguyễn, Liias address Vashon ferry disruptions with WSF

Nguyễn, Liias address Vashon ferry disruptions with WSF

FOR IMMEDIATE RELEASEAugust 25, 2023  Press Inquiries | 360.786.7298, erin.hut@leg.wa.gov  OLYMPIA – Sen. Joe Nguyễn (D-White Center) and Sen. Marko Liias (D-Everett) met with leaders at Washington State Ferries (WSF) Thursday to address repeated route delays and cancelations impacting constituents on Vashon Island.   WSF officials said ...

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Gas companies set gas prices. Here are some of the factors they consider before setting them.

Gas companies set gas prices. Here are some of the factors they consider before setting them.

HOW ARE GAS PRICES DETERMINED?

  • 57% of what consumers pay for a gallon of gas is for crude oil
  • 18% for refining
  • 12% for distribution and marketing
  • 13% for taxes
The current global trading price of crude oil is roughly $74. It can be produced for about $20 globally or $40 in the US. The difference – profits – returns to ...

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