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First Look: Oil is lower by more than $1 after Fed comments imply rates may stay high
Washington State Carbon Cap and Invest
Carbon Cap-and-Invest/ Washington State

Meet your cap-and-invest obligations, through an effective strategy that brings carbon emissions, compliance, and your company’s objectives in sync with each other.

 

Supporting: Industrial facilities, in-state electricity producers, electricity importers, natural gas distributors, and fuel suppliers.

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Cut through the complexities – let's team up and craft a strategy that meets regulations and aligns with your company goals.

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Washington Climate Commitment Act

The State of Washington passed the Climate Commitment Act (or CCA) in 2021 and initiated a new "cap-and-invest" program, establishing a comprehensive, market-based program to reduce carbon pollution and achieve the greenhouse gas limits set in state law.

The program is similar to those implemented in California and the Northeast United States. It sets a cap on the total amount of carbon emissions that can be released by covered entities, such as power plants, industrial facilities, fuel suppliers, natural gas and electric utilities, waste-to-energy facilities (starting in 2027), and railroads (starting in 2031). These entities must then purchase allowances equal to their covered greenhouse gas emissions.

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Reinvest in Clean Energy Programs

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The program is administered by the Department of Ecology ⁣⁣— they are responsible for setting the cap, issuing allowances, and enforcing compliance.

The proceeds from the sale of allowances will be invested in clean energy and energy efficiency programs to further reduce greenhouse gas emissions.⁣⁣
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The first emissions allowance auction will take place in the second half of February 2023. If all goes according to plan, Washington’s emissions will drop to 95% below 1990 levels by 2050, an even steeper cut than California’s, which aims for an 80% reduction by the same year.⁣⁣

 

Differentiators

AEGIS is the recognized industry leader because of our:

Technology

Unmatched Technology

We leverage technology to distribute information, improve execution, assess scenarios, and deliver actionable insights through web and mobile apps. And our investment is ongoing.

Graph

Best Execution

We tailor recommendations to specific budgets, underwriting, lender covenants, and investor objectives – and partner with over 40 counterparties to arrive at fair value.

Insight

Unique Insight

The scale of our platform, a team dedicated to studying global commodity and rate markets, and an unmatched client base allow us to offer a unique perspective.

Focus

Complete Focus

It would be easy to pursue compromising activities and fee structures. We are 100% focused on capital and cash flow protection through fixed-fee contracts. No conflicts. Ever.

 

 500+

Entities

40+

Counterparties

75+

Sponsors and Lenders

15+

Years in Business

 

8x Global Leader as Hedging Advisory Firm

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