This year, Oregon lawmakers considered legislation (HB 2020) that would implement an economy-wide cap-and-trade program to meet the state's long-term greenhouse gas reduction goals. This MJB&A Issue Brief summarizes the latest version of the bill, HB 2020-B, the engrossed version passed by the House Committee on Ways and Means.
Many had been watching to see if Oregon would become the second state to implement an economy-wide cap-and-trade program. While the bill passed 36 to 24 in the House of Representatives, the bill had narrower margins in the Senate. And, on June 19, 2019, Senate Republicans left the state for nine days to avoid voting on the legislation. On June 25, 2019, the Senate President made an unofficial statement that the bill did not have sufficient support to pass in the Senate during this legislative session. On June 29, 2019, the Senate referred the bill back to committee. The legislative session adjourned on June 30, 2019.
Oregon Governor Kate Brown, who supported the legislation, has since signaled that she is prepared to use executive authority to implement measures to reduce state greenhouse gas emissions.