Part 4/10:
The Policy-Driven Inflation: Climate Policies and Tax Increases
Many local policymakers and residents believe that specific policies have compounded the economic hardships. A prominent example is Washington State’s Climate Commitment Act (CCA), a cap-and-trade program that has been blamed for inflating fuel and energy costs. Enacted under Democratic leadership, the law requires businesses to buy pollution allowances, with costs passed down to consumers through higher gas and energy prices.