Initiative Measure No. 1631

Eric ffitch, Manager, State Government Relations, Port of Seattle

Presentation revised October 5, 2018 to remove financial analysis slide – please

refer to the agenda memo for financial implications

Item No. 9a

Date: October 9, 2018

Existing Commission Policy

• Commission-adopted environmental policy, State Legislative Agenda (adopted 10.24.17)

– Promote use of clean energy technology and support a statewide reduction in greenhouse gas emissions

– Policies that promote the use of low-carbon fuels for transportation, and otherwise support the continued

reduction in the cost of low-carbon energy sources to consumers in the state

– State support for partnership with the Port on aviation biofuels

– State actions that promote climate change resilience, including in transportation network

– Policies that reduce carbon and air pollution emissions for passengers and employees traveling to and

from Port facilities

2018 State Legislative Agenda priorities

Background on Initiative Measure No. 1631

• Carbon “pollution fee” established -- $15/ton of CO2 emitted beginning in 2020; increasing

by $2/ton annually

• Administered by a board; composition of board enumerated in language of initiative

• Directed at following areas:

– 70 percent on “clean air and clean energy investments” (including transportation-related carbon

emissions)

• 15 percent of this category to reduce energy burden on low income

• $50m over four years to help workers transitioning from energy intensive industries

– 25 percent for “clean water and healthy forests” (to include wildfire risk, flood risk, etc.)

– 5 percent for “healthy communities”

• Includes: wildfire preparedness; relocating communities on tribal lands impacted by flooding

and sea level rise; education programs related to climate change

Port History on Related Issues

• Low Carbon Fuel Standard

– Testimony in support

– HB 2338 passed House Environment and House Transportation Committee; did not receive a vote on

the full House floor

– Continued work in 2018 “interim” with advocates in support of Fitzgibbon proposal

• Carbon pricing proposal at state legislature

– Letters to Sen. Carlyle and Gov. Inslee in support of enacting a price on carbon

– SB 6203 passed Senate Energy, Environment, and Technology Committee, and Senate Ways and

Means Committee; did not receive a vote on full Senate floor

Consistent Engagement in Policymaking at State Level

Potential Impact to POS/NWSA

• Impact to Port/NWSA operations

• Relationship to ongoing Port efforts on Sustainable Aviation Fuels,

electrification, etc.

Questions?