Washington Climate Commitment Act
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Washington Climate Commitment Act
The Climate Commitment Act is a law enacted by the Washington state legislature and signed by Governor Jay Inslee in 2021. Cap and invest program The Climate Commitment Act is implemented through the Cap-and-Invest program which was launched in 2023. Initiative 2117 In the 2024 general election, ballot initiative 2117 which sought to repeal the Climate Commitment Act was placed on the ballot. A poll in May 2024 of 403 registered voters showed 41% support repealing while 31% oppose with a +/- 5% margin of error. Over $8.5 million and $5 million were raised in support and opposition of the initiative, respectively. Initiative 2117 is part of a group of ballot initiatives lead by conservative leaders, including businessman Brian Heywood, who criticized the CCA for targeting gasoline which has inelastic demand, meaning that people still have to buy it even when the price goes up. He was quoted as describing the policy as "like Marie Antoinette — let them drive Teslas." The ...
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Washington State Legislature
The Washington State Legislature is the state legislature of the State of Washington. It is a bicameral body, composed of the lower Washington House of Representatives, composed of 98 representatives, and the upper Washington State Senate, with 49 senators plus the lieutenant governor acting as president. The state is divided into 49 legislative districts, each of which elect one senator and two representatives. The state legislature meets in the Legislative Building at the Washington State Capitol in Olympia. As of January 2025, Democrats control both houses of the Washington State Legislature. Democrats hold a 59–39 majority in the House of Representatives and a 30–19 majority in the Senate. History The Washington State Legislature traces its ancestry to the creation of the Washington Territory in 1853, following successful arguments from settlers north of the Columbia River to the U.S. federal government to legally separate from the Oregon Territory. The Washingto ...
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List Of Governors Of Washington
The governor of Washington is the head of government of Washington (state), Washington and commander-in-chief of the Washington National Guard, state's military forces.WA Const. art. III, § 2. The officeholder has a duty to enforce state laws,WA Const. art. III, § 5. the power to either approve or veto bills passed by the Washington Legislature and line-item veto power to cancel specific provisions in spending bills. The Washington governor may also convene the legislature on "extraordinary occasions". Washington Territory had 14 territorial governors from its organization in 1853 until the formation of the state of Washington in 1889. Territorial governors were appointed by the president of the United States. Elisha P. Ferry had the longest term of eight years and went on to become the state's first governor. William H. Wallace was appointed governor but never took office due to being elected as the territory's congressional delegate. George Edward Cole was appointed governor ...
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Jay Inslee
Jay Robert Inslee ( ; born February 9, 1951) is an American politician and lawyer who served from 2013 to 2025 as the 23rd governor of Washington. A member of the Democratic Party, he served from 1993 to 1995 and again from 1999 to 2012 as a member of the U.S. House of Representatives, and was a candidate for the 2020 Democratic presidential nomination. Born and raised in Seattle, Inslee graduated from the University of Washington and Willamette University College of Law. He served in the Washington House of Representatives from 1989 to 1993. In 1992, Inslee was elected to represent , based around Central Washington, in the U.S. House of Representatives. Defeated for reelection in 1994, Inslee briefly returned to private legal practice. He made his first run for governor of Washington in 1996, coming in fifth in the blanket primary with 10% of the vote. Inslee then served as regional director for the United States Department of Health and Human Services under President Bill ...
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Cap-and-Invest (Washington State)
Cap-and-Invest, is a program run by the Washington state government to fund climate change policy through a carbon emissions trading system, commonly known as cap and trade. Program design The Cap-and-Invest program was created by the Climate Commitment Act in 2021. Auctions The program uses sealed-bid auctions, whereby the price that each participant bids is unknown to other participants. After bidding is closed, participants are allocated the number of allowances that they bid for, in order of highest price first, until all allowances have been accounted for. However, the price that all the successful participants actually pay (the settlement price) is the lowest successful bid price. Any participant who bid a price lower than the final price, will not receive any allowances at auction, and will instead have to purchase them on the secondary market. The Department of Ecology also establishes price floors and ceilings for allowances, increasing over time and adjusted for i ...
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Inelastic Demand
A good's price elasticity of demand (E_d, PED) is a measure of how sensitive the quantity demanded is to its price. When the price rises, quantity demanded falls for almost any good (law of demand), but it falls more for some than for others. The price elasticity gives the percentage change in quantity demanded when there is a one percent increase in price, holding everything else constant. If the elasticity is −2, that means a one percent price rise leads to a two percent decline in quantity demanded. Other elasticities measure how the quantity demanded changes with other variables (e.g. the income elasticity of demand for consumer income changes). Price elasticities are negative except in special cases. If a good is said to have an elasticity of 2, it almost always means that the good has an elasticity of −2 according to the formal definition. The phrase "more elastic" means that a good's elasticity has greater magnitude, ignoring the sign. Veblen and Giffen goods are two ...
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Marie Antoinette
Marie Antoinette (; ; Maria Antonia Josefa Johanna; 2 November 1755 – 16 October 1793) was the last List of French royal consorts, queen of France before the French Revolution and the establishment of the French First Republic. She was the wife of Louis XVI. Born Archduchess Maria Antonia of Austria, she was the penultimate child and youngest daughter of Empress Maria Theresa and Francis I, Holy Roman Emperor, Emperor Francis I. She married Louis Auguste, Dauphin of France, in May 1770 at age 14, becoming the Dauphine of France. On 10 May 1774, her husband ascended the throne as Louis XVI, and she became queen. As queen, Marie Antoinette became increasingly a target of criticism by opponents of the domestic and foreign policies of Louis XVI and those opposed to the monarchy in general. The French accused her of being profligate, promiscuous, having illegitimate children, and harboring sympathies for France's perceived enemies, including her native Habsburg monarchy, Austria ...
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Tesla Inc
Tesla, Inc. ( or ) is an American multinational automotive and clean energy company. Headquartered in Austin, Texas, it designs, manufactures and sells battery electric vehicles (BEVs), stationary battery energy storage devices from home to grid-scale storage, grid-scale, solar panels and solar shingles, and related products and services. Tesla was incorporated in July 2003 by Martin Eberhard and Marc Tarpenning as Tesla Motors. Its name is a tribute to inventor and electrical engineer Nikola Tesla. In February 2004, Elon Musk led Tesla's first funding round and became the company's chairman; in 2008, he was named chief executive officer. In 2008, the company began production of its first car model, the Tesla Roadster (first generation), Roadster sports car, followed by the Tesla Model S, Model S sedan in 2012, the Tesla Model X, Model X SUV in 2015, the Tesla Model 3, Model 3 sedan in 2017, the Tesla Model Y, Model Y crossover in 2020, the Tesla Semi truck in 2022 and th ...
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Microsoft
Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The early 1980s and home computers, rise of personal computers through software like Windows, and the company has since expanded to Internet services, cloud computing, video gaming and other fields. Microsoft is the List of the largest software companies, largest software maker, one of the Trillion-dollar company, most valuable public U.S. companies, and one of the List of most valuable brands, most valuable brands globally. Microsoft was founded by Bill Gates and Paul Allen to develop and sell BASIC interpreters for the Altair 8800. It rose to dominate the personal computer operating system market with MS-DOS in the mid-1980s, followed by Windows. During the 41 years from 1980 to 2021 Microsoft released 9 versions of MS-DOS with a median frequen ...
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Amazon (company)
Amazon.com, Inc., doing business as Amazon, is an American Multinational corporation, multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos in Bellevue, Washington, the company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories, referred to as "The Everything Store". Today, Amazon is considered one of the Big Tech, Big Five American technology companies, the other four being Alphabet Inc., Alphabet, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. The company has multiple subsidiaries, including Amazon Web Services, providing cloud computing; Zoox (company), Zoox, a self-driving car division; Kuiper Systems, a satellite Internet provider; and Amazon Lab126, a computer hardware R&D provider. Other subsidiaries include Ring (company), Ring, Twitch (service), Twitch, IMDb, ...
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Climate Change Policy Of Washington (state)
The climate change policy of Washington (state), Washington state involves a combination of incentives and penalties intended to reduce greenhouse gas emissions (GHG). State legislators and governors have consistently rejected climate change denial and stated their belief that addressing climate change is one of the most pressing issues at hand. In modern political history, Washington state is considered a Washington State Democratic Party, stronghold for the Democratic party, which favors government action to reduce carbon emissions. History Even before statehood, hydroelectricity provided a source of renewable energy in the Washington Territory, Washington territory. In 1885, a dynamo was installed onto a flour mill on Spokane Falls, generating hydroelectric power for lighting and streetcar power. Grand Coulee Dam, which was built on the Columbia River watershed as part of the New Deal, is the single largest power station in the United States, renewable or otherwise. It is al ...
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Washington (state) Statutes
Washington most commonly refers to: * George Washington (1732–1799), the first president of the United States * Washington (state), a state in the Pacific Northwest of the United States * Washington, D.C., the capital of the United States ** A metonym for the federal government of the United States ** Washington metropolitan area, the metropolitan area centered on Washington, D.C. Washington may also refer to: Places England * Washington Old Hall, ancestral home of the family of George Washington * Washington, Tyne and Wear, a town in the City of Sunderland metropolitan borough * Washington, West Sussex, a village and civil parish Greenland * Cape Washington, Greenland * Washington Land Philippines *New Washington, Aklan, a municipality *Washington, a barangay in Catarman, Northern Samar *Washington, a barangay in Escalante, Negros Occidental *Washington, a barangay in San Jacinto, Masbate *Washington, a barangay in Surigao City United States * Fort Washington (disambiguat ...
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2021 In American Law
1 (one, unit, unity) is a number, numeral, and glyph. It is the first and smallest positive integer of the infinite sequence of natural numbers. This fundamental property has led to its unique uses in other fields, ranging from science to sports, where it commonly denotes the first, leading, or top thing in a group. 1 is the unit of counting or measurement, a determiner for singular nouns, and a gender-neutral pronoun. Historically, the representation of 1 evolved from ancient Sumerian and Babylonian symbols to the modern Arabic numeral. In mathematics, 1 is the multiplicative identity, meaning that any number multiplied by 1 equals the same number. 1 is by convention not considered a prime number. In digital technology, 1 represents the "on" state in binary code, the foundation of computing. Philosophically, 1 symbolizes the ultimate reality or source of existence in various traditions. In mathematics The number 1 is the first natural number after 0. Each natural number, ...
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