![]() This past April, the Washington State Building Code Council (Building Council) approved a new mandate ( WSR 22-02-076) that places significant restrictions on the use of natural gas use in new commercial buildings, instead calling for a transition to appliances and HVAC (heating, ventilation, and air conditioning) equipment that can be powered by electricity, with restrictions beginning July 1, 2023. New Building Codes Support Transition from Fossil Fuels to Electricity This blog will provide an overview of new statewide building codes, several pieces of legislation from 2022, and new guidance for electrical utilities. The analyses support central banks’ calls for macroprudential policies to anticipate the implementation of carbon pricing, which remains the most cost-effective policy for tackling climate change, even in the presence of stranded assets.In addition to bills passed in this year’s Regular Legislative Session, Washington agencies have been busy developing standards to keep the state moving forward an its effort to reduce greenhouse gas emissions, promote clean energy adoption, and become carbon neutral. ![]() The concern about systemic risk in the case of a coordinated implementation of ambitious carbon prices across countries therefore seems justified.
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