Washington’s Climate Commitment Act (CCA)

In May 2021, Washington state enacted the Climate Commitment Act (CCA), a major milestone in its drive to reduce greenhouse gas emissions and jumpstart the transition to a low carbon economy.

A large tanker ship docks on the coast of Washington State

Strong, effective policy matters

bp actively supported the CCA, which creates a comprehensive and market-based cap-and-invest program to curb emissions.

Our ambition is to reach net zero carbon emissions by 2050 or sooner and help the world get there, too. But we also recognize that net zero ambitions from bp and other companies are not enough. State, regional and national governments need to establish a strong and effective policy framework.

Seattle city skyline with a snowcapped mountain in the background

A well-designed cap-and-invest program, such as the one adopted in Washington state, represents the cornerstone of this framework. It provides the certainty businesses need to invest in the future, and it sends clear signals to the private sector that can yield creative solutions for emissions reductions.

Indeed, it incentivizes and rewards low carbon innovation across the entire economy – from the boardroom to small companies to start-ups. Revenue generated from the CCA can go toward state climate priorities, like clean air, electrified transportation and energy efficiency. In addition, projects are reviewed by an advisory panel created by the legislation that centers on the needs of overburdened communities.

A coalition of support

Home to our Cherry Point refinery, Washington is now the second state in the country with an economy-wide, market-based carbon pricing program.

The other is California, where bp backed an extension of the existing cap-and-invest program out to 2030, and where we’re actively engaging with policymakers as they work to update the policy in the coming months.

bp did more than just endorse the Washington Climate Commitment Act (CCA)— we actively advocated for its passage, working with Clean & Prosperous Washington (a project of the Washington Business Alliance) and a broad coalition of other supporters, including environmental and community groups.

We applaud the Washington state legislature for passing this critical bill for lowering carbon emissions. This historic achievement puts the state on a path to net zero by 2050. We look forward to working with state agencies as they develop rules to implement this program. bp remains firmly committed to delivering on its own net zero ambition and being part of the solution for a low carbon future.

Dave Lawler
president and chairman of bp America

As Washington state has demonstrated, we do not have to choose between the environment and the economy — we can invest in both. bp hopes the Washington program will become a model for other states looking to accelerate their own low carbon transition. It shows what progressive climate policy can accomplish.

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