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Oregon’s Climate Credits Face Legal and Political Pushback | Portland News
Description
Oregon’s Climate Protection Program is pushing forward despite legal challenges and industry pushback, aiming to slash emissions 90% by 2050—with credits now priced at $136 per ton. The state’s DEQ has tapped CALSTART, a California nonprofit, to manage billions from those credits, directing funds to climate-impacted communities—a unique twist compared to other states. Critics warn the high carbon price could burden businesses and consumers, favoring market-based models like California’s. Governor Kate Brown remains open to alternatives. With a contract with CALSTART expected by year’s end and lawsuits already filed, the state is navigating a complex balancing act between environmental ambition and economic reality.
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