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What is the Market Potential for Solar?

Let’s explore solar’s current status and trends in national and international markets. This is important as solar manufacturers and related industries in Washington are actually more dependent on, and subject to, trends developing outside of state boundaries.

Senate Deliberates on Carbon Tax Initiative 732

On February 9th, Senators from the Energy, Environment & Telecommunications Committee convened to discuss the revenue-neutral carbon tax: Initiative 732. In attendance were 79 residents who came to provide input: 51 in support, 20 in opposition, and 8 undeclared. I-732 is on track to appear on the November 2016 ballot. It would impose a revenue neutral carbon tax on the state. The tax would begin at $15 per ton in the first year, increasing to $25 per ton in the second year, and then ratcheting up each year thereafter by 3.5% plus inflation (up to a maximum of $100 in 2016 dollars). To offset this new tax, the initiative bundles in some tax cuts — a one percent reduction in the sales tax, a $1,500 tax rebate for low-income working families, and a reduced B&O tax on manufacturing.

Understanding Carbon Reduction: Marginal Abatement Cost Curves

A Marginal Abatement Cost Curve (MAC curve or MACC) is a succinct and straightforward tool for presenting carbon emissions abatement options relative to a baseline (typically a business-as-usual pathway). A MAC curve permits an easy to read visualization of various mitigation options or measures organized by a single, understandable metric: economic cost of emissions abatement.

Carbon Reduction Investments are Smart Strategy for Electric Sector

A bill under consideration in the legislature would credit utilities under the state’s Renewable Portfolio Standard (I-937) for making investments in projects which reduce greenhouse gas emissions. Expanding the diversity of qualified projects presents a market opportunity for new technologies to reduce carbon while maintaining competitive energy costs for ratepayers.