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Thursday, April 25, 2024

Republican senators walk out to deny cap-and-trade vote

Credit: KDRV
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Republican senators walk out to deny cap-and-trade vote
Republican senators walk out to deny cap-and-trade vote

This is the second cap-and-trade bill to spark a walkout by Republican lawmakers and the third walkout since the beginning of 2019.

To make it seismicallyslature.

The goal of the cap and trade bill is to reduce carbon emissions.

Essentially, the program would limit the how much carbon the state can produce.

If your business uses more than your allotted carbon, you'd have to pay.

Those that use fossil fuels would be able buy allowances for their emissions or offset them in some way.

The bill is projected to raise 550-million dollars in its first year.

The money would be invested in environmentally friendly projects.

Last week- leaders from more than two dozen oregon counties announced their opposition to the cap and trade bill.

Those include curry, josephine, jackson, and lake county.

Jackson county says the bill will have punitive impacts on the county and its people.

It cited increased utility costs, increased cost of rent, and increased risk of wildfire smoke.

Earlier this month, truckers and loggers drove to salem to protest the bill.

This was the second year they held the timber unity rally.

Their industries are likely to be most impacted by the bill.

Some say it could put them out of business.

Just days after the timber unity rally, supporters of the bill gathered in the capital.

Renew oregon organized the rally.

It says the bill is needed to fight climate change.

It says oregon will face devastation if

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