Washington becomes second state to set net-zero emissions goals

January 06, 2020
Owning the Energy Transition More...
by Benjamin Torda
Very important

Washington's governor pledged the state would reach net-zero emissions by 2050, becoming only the second state to do so. As a result, Washington will limit greenhouse gas emissions, establish a clean fuel standard, increase zero-emission vehicles and charging stations, establish an emissions standard for ride-share fleets, extend a tax incentive for community solar projects, and support carbon sequestration. These wide-ranging policies show how full decarbonization will touch all aspects of the economy; clients should expect more full decarbonization pledges and look to high-margin opportunities providing solutions to difficult-to-decarbonize sectors like long-haul trucking or steel production.

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