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Oregon Lawmakers Revive Controversial Effort to Implement Cap-and-Trade System

  • Oregon legislators, led by Democratic co-chairs Chris Gorsek and Susan McLain, revived a cap-and-trade system proposal on Thursday to fund transportation and wildfire needs.
  • This move follows ongoing budget struggles and comes a day after most Republicans backed a competing plan prioritizing roads over transit and pedestrian safety.
  • The proposal envisions replacing Oregon's Climate Protection Program with a market-based program linking to West Coast states, dedicating auctioned emission credits for roads, wildfire mitigation, nonprofits, and transit.
  • Gorsek and McLain said they made "significant progress" developing a bipartisan plan addressing safety, maintenance, and sustainability amid a five-week legislative deadline.
  • While the cap-and-trade system could generate substantial new revenue similar to Washington's $2.8 billion, political opposition and tight timing make its passage uncertain this session.
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Herald and News broke the news in on Thursday, May 22, 2025.
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