The ballot measure summary as written by the Secretary of State of Washington: "This measure would impose a carbon emission tax on the sale or use of certain fossil fuels and fossil-fuel-generated electricity, at $15 per metric ton of carbon dioxide in 2017, and increasing gradually to $100 per metric ton, with more gradual phase-in for some users. It would reduce the sales tax rate by one percentage point over two years, increase a low-income sales tax exemption, and reduce certain manufacturing taxes."
Provisions
Initiative 732 contained four provisions:
Creates a new tax on the carbon content of fossil fuels initially set at $15 per ton, rising to $25 per ton after 6 months, and increasing annually to a cap of $100 per ton.
Funds the , a 25% match on the state's version of the earned income tax credit for 460,000 Washington households.
Supporting Organizations
The primary sponsor of Initiative 732 was , a group founded by environmental economist Yoram Bauman to promote carbon pricing. The Audubon Society was also a major proponent of Initiative 732, "Audubon Washington believes Initiative 732 provides swift and effective action to reduce carbon pollution". Other organizations that supported Initiative 732 included the Sightline Institute, and the Citizens' Climate Lobby. Other supporters include Washington State legislatorJoe Fitzgibbon, Washington State SenatorSteve Litzow, Washington State Senator Joe Fain, Washington State Senator Cyrus Habib, and the editorial board of The Olympian. Climate scientistJames Hansen, who has been involved with the Citizens' Climate Lobby for many years, strongly supported the proposal. The backers of initiative 732 claimed that I-732 "taxes carbon to fight climate change, boost clean energy, & save the environment for future generations".
Non-Supporting Organizations
Several environmental organizations chose to make a recommendation to "not support" the measure, as opposed to "support" or "oppose", including the Sierra Club, 350.org Seattle, and Climate Solutions. Common points made in their statements included concerns that the initiative would result in a budget shortfall, and concerns over how the initiative would spend carbon fee receipts, e.g., Climate Solutions stated:
Opposing Organizations
Opponents to Initiative 732 included the Washington State Labor Council, stating: "I-732 would send Washington in the wrong direction and create more damaging austerity choices",, the Association of Washington Businesses, and Longview Daily News. Several organizations opposed the measure from an "environmental justice" perspective, or with a reference to the necessary breadth of the supporting coalition, including Front and Centered, and the Washington Environmental Council, stating:
Aftermath
Although I-732 failed to pass, Carbon Washington continued to work to put a price on carbon emissions in the State of Washington. They worked with others to support Washington Initiative 1631, a carbon tax measure that appeared on the ballots in 2018 but was also rejected.