Campaign money rolling in around carbon fee ballot measure
SEATTLE (AP) — More than $4.5 million already has been raised by supporters and opponents of a proposed carbon fee that the Washington Secretary of State’s office has certified for the November ballot.
The Seattle Times reports State Public Disclosure Commission records show proponents have brought in more than $2.7 million as of Monday, while opponents have raised $1.7 million.
The initiative by the Alliance for Jobs and Clean Energy would create an escalating state carbon “fee” on most fossil-fuels emission, and invest the revenue in clean energy, clean water, forests and other projects.
The ballot measure’s carbon fee would start at $15 a metric ton of carbon, which would add an estimated 14 cents to the cost of a gallon of gasoline. The fee would rise annually by $2 per ton of carbon emission, plus the rate of inflation.
Information from: The Seattle Times, http://www.seattletimes.com