Washington state's carbon market has raised $4.3 billion in revenue over the past two years, with nearly $2.8 billion allocated to climate-focused programs such as hybrid ferries and free transit rides. More than half of the funded projects benefit residents with lower incomes or who face other disadvantages, emphasizing the importance of these funds to the transportation program. The state report educates legislators and residents on how carbon market revenues fund state programs, highlighting the significant and critical role these funds play in the state budget.
https://www.eenews.net/articles/washington-carbon-market-generates-billions-for-climate-projects/