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Wednesday, April 24, 2024

Cap-and-trade bill continues to move forward in state legislature

Credit: KDRV
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Cap-and-trade bill continues to move forward in state legislature
Cap-and-trade bill continues to move forward in state legislature

As opposition mounts, Senate Bill 1530 is making its way toward a vote on the state Senate floor.

Cove project.

Mittee.

If it passes ways and means, the senate will hold a formal vote on the floor.

Cap and trade would reduce carbon emission in the state and potentially phase out old diesel engines.

If companies go over the carbon cap, they could pay a fine.

Oregonians have been divided over the bill since the start of the short legislative session.

Republicans have fiercely opposed the bill saying the new environmental restrictions will put working class families out of a job.

Democrats say this bill is necessary to combat climate change.

The last time a controversial climate bill got this close to the senate floor...republicans walked out.

Leading to the bill dying in the senate.

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