Jay Inslee: “And what we are finding is that more and more companies are actually accepting this idea, thinking it is a good idea…”

“And what we are finding is that more and more companies are actually accepting this idea, thinking it is a good idea because one, it will drive innovation. It will help us invent new technologies. But second, they realize this works. What we are talking about is a thing called a cap and trade system. We cap the amount of carbon dioxide that can go into the air and we allow polluting companies to bid and trade for the right to put that pollution in. It is the most economically efficient way to do it. And what the companies have discovered is that when we do this, it works. When we did with sulfur dioxide in the 1980s it cleaned up the air and it actually ended up helping the economy.”