Washington and California Agree to Link Carbon Markets with Quebec
What happened
Bob Ferguson announced that Washington reached an agreement with California on the regulatory changes needed to link the state’s carbon market with California and Quebec. Gavin Newsom authorized California to proceed with the linkage, which is expected to be completed next year. Washington first launched its carbon market in 2023.
From spokesman.com
Why it matters
Supporters state the linkage is 'smart economics' that could unlock greater emissions reductions and lower the cost of clean technologies. The agreement expands the scope of regulatory authority for the California Air Resources Board.
Coordinated steps were taken to advance Washington state's entry into the combined California-Québec carbon market.
From spokesman.com
Who's involved
- Gavin NewsomAuthorized California to proceed with linking the carbon markets.
- Bob FergusonAnnounced the agreement between Washington and California regarding market linkage.
- California Air Resources BoardIs the clean air agency in the government of California whose regulatory scope will expand.
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The entities involved
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Gavin Newsom
40th governor of California since 2019
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Bob Ferguson
Governor of Washington since 2025
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