Washington’s Cap-and-Invest program—our state’s version of a cap-and-trade system—has raised over $2 billion since launching in 2023. That money has funded climate-resilient infrastructure, clean energy projects, and more.
But this November, Initiative 2117 will ask voters to repeal it entirely.
As a bulk oil distributor in Washington, we’re watching closely—not because of politics, but because of planning.
Cap-and-Invest adds cost to carbon-intensive fuels. That’s the point. It's designed to shift the market toward cleaner options. For businesses like ours, this affects everything:
How oil is priced and taxed
What oil and fuel types we stock
What our customers can afford
What new mandates or incentives might come next
Repeal would mean uncertainty. And in logistics, uncertainty is expensive.
At Motor Oil Supply, we’ve always believed in proactive planning. That’s why we maintain bulk storage, diversify our product lines, and work directly with refineries, OEMs, and regulators—to keep our customers stable in an unstable market.
Whether Cap-and-Invest stays or goes, we’ll be ready. That’s our job.
But for our industry, this vote matters—and it’s worth understanding what’s really on the table.
Here's a full article on the issue from Grist: https://lnkd.in/eJd_jfWV