Oregon Lawmaker to Retry Thorny State Cap-and-Invest Proposal

An Oregon state senator is planning to put forth a bill for the upcoming legislative session that would create a framework for the state’s own cap-and-invest program, raising a policy play that has sharply divided the statehouse in the past.

Oregon state Sen. Janeen Sollman (D) said a cap-and-invest program overseen in part by the legislature could create more certainty for businesses and could also have better staying power than the state’s current Climate Protection Program (CPP). She said the goal is to connect the state’s program to Washington’s.

The program, which caps greenhouse gas emissions from fossil fuels by ...