No longer the loneliest? Why Oregon’s all-in climate push matters to California

After efforts to unite the West under a carbon-trading program stalled for nearly a decade, Oregon will decide this month whether it wants to follow in California‚Äôs footsteps. This bill would make Oregon the second state after California to rely on the market for emissions reductions throughout the entire economy. Supporters say that expanding the cap-and-trade market to Oregon could increase competition, lower compliance costs, and speed decarbonization of the West. But others worry a failure in Oregon could hurt carbon trading’s chances in other states.