Guest Commentary

State's new tax on CO2 emissions projected to add 46¢ per gallon next year


July 21, 2022

Washington state's new tax on CO2 emissions is projected to add 46¢ to the cost of a gallon of gas as soon as next year, the state Department of Ecology reports.

The Washington Research Council noted that an analysis from Vivid Economics and McKinsey & Company for Ecology projected the cost of a metric ton (MT) of CO2 to be $58.31 next year. That would add a tax of about 52 cents per ga...

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