excalibur
Diamond Member
- Mar 19, 2015
- 28,372
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And I'm sure they hoped no one would check.
Just more leftist nonsense as an excuse to raise taxes.
1 Washington State’s Climate Commitment Act, enacted in 2021, claimed a huge carbon benefit in greenhouse gas emission reductions that turned out to be 28 times higher than the revised estimate, after a think tank found a clerical error in eight projects.
2 Opponents of the Climate Commitment Act claim that it is ineffective and a way for politicians to build a slush fund to support climate and social projects.
3 The bill adds 40 to 60 cents per gallon to the price of gasoline and increases natural gas and electricity prices, with monthly energy bills escalating by 15-30%.
4 Washington State has other fees that add to the price of gasoline, including high state gas taxes and a clean fuel standard.
5 Washington has the third-highest gasoline price in the nation at $3.79 cents per gallon, 33% higher than the national average gasoline price.
The Washington State Climate Commitment Act (CCA) was supposed to reduce 8.6 million tons of greenhouse gas emissions over its lifetime. However, due to a clerical error, the state corrected the estimate to 308,000 tons of emissions, or less than 4% of the original number, and less than one-half of 1% of the state’s annual emissions. The CCA, passed in 2021, raised more than $4.3 billion to support programs that ostensibly reduce the state’s carbon emissions. The act requires businesses that emit greenhouse gases to buy credits to offset the emissions they generate. The data is compiled from more than 3,600 projects from 37 agencies. The Seattle Times reports that the error occurred in the calculation of emissions from eight rebate projects to help electrify homes, purchase new appliances, and assist low-income communities. Those eight projects were originally expected to cut emissions by 7.5 million tons. Corrected data show the new emission reduction figure to be 78,000 tons, just over 1% of the earlier projection, and raise questions about the veracity of the state’s data.
The Washington Policy Center caught the error. A report issued by Washington State said that it costs $40 to reduce one metric ton of carbon dioxide, whereas the state’s previous report had said that the cost was $1,400. This discrepancy caused the Center to investigate, where they found the eight projects with the accounting error. According to Todd Myers, vice president for research at the Washington Policy Center, the majority of projects funded by the carbon auctions were “simply irresponsible,” costing several times more than the benefits they provide.
...
www.instituteforenergyresearch.org
Just more leftist nonsense as an excuse to raise taxes.
1 Washington State’s Climate Commitment Act, enacted in 2021, claimed a huge carbon benefit in greenhouse gas emission reductions that turned out to be 28 times higher than the revised estimate, after a think tank found a clerical error in eight projects.
2 Opponents of the Climate Commitment Act claim that it is ineffective and a way for politicians to build a slush fund to support climate and social projects.
3 The bill adds 40 to 60 cents per gallon to the price of gasoline and increases natural gas and electricity prices, with monthly energy bills escalating by 15-30%.
4 Washington State has other fees that add to the price of gasoline, including high state gas taxes and a clean fuel standard.
5 Washington has the third-highest gasoline price in the nation at $3.79 cents per gallon, 33% higher than the national average gasoline price.
The Washington State Climate Commitment Act (CCA) was supposed to reduce 8.6 million tons of greenhouse gas emissions over its lifetime. However, due to a clerical error, the state corrected the estimate to 308,000 tons of emissions, or less than 4% of the original number, and less than one-half of 1% of the state’s annual emissions. The CCA, passed in 2021, raised more than $4.3 billion to support programs that ostensibly reduce the state’s carbon emissions. The act requires businesses that emit greenhouse gases to buy credits to offset the emissions they generate. The data is compiled from more than 3,600 projects from 37 agencies. The Seattle Times reports that the error occurred in the calculation of emissions from eight rebate projects to help electrify homes, purchase new appliances, and assist low-income communities. Those eight projects were originally expected to cut emissions by 7.5 million tons. Corrected data show the new emission reduction figure to be 78,000 tons, just over 1% of the earlier projection, and raise questions about the veracity of the state’s data.
The Washington Policy Center caught the error. A report issued by Washington State said that it costs $40 to reduce one metric ton of carbon dioxide, whereas the state’s previous report had said that the cost was $1,400. This discrepancy caused the Center to investigate, where they found the eight projects with the accounting error. According to Todd Myers, vice president for research at the Washington Policy Center, the majority of projects funded by the carbon auctions were “simply irresponsible,” costing several times more than the benefits they provide.
...
Washington State’s Climate Change Program Benefits Were Inflated by a Factor of 28
The Washington State Climate Commitment Act (CCA) was supposed to reduce 8.6 million tons of greenhouse gas emissions over its…
www.instituteforenergyresearch.org
