The “Short Session,” or 35-day legislation session, open this Monday, February 5th. While Republican leaders say this session isn’t time enough to pass meaningful legislation, YCD and Oregon Democrats disagree – Oregon need strong environmental legislation, and the time for a robust cap and invest policy is now.
The cap and invest (also known as cap and trade) proposal looks to put a cap on carbon emissions among Oregon industries. If passed, it would set a cap on total greenhouse gas emissions statewide. That would apply to about 100 of the state’s biggest polluters, starting in 2021.
Polluting businesses would be able to buy allowances to cover their emissions, and that money would be invested in local projects to protect against climate change. (READ MORE)