Pricing carbon-based products will help reduce emissions

Washington Gov. Jay Inslee recently signed an executive order creating a task force to design a “carbon emission limits and market mechanisms program” that establishes a cap on emissions, and includes “measures to help offset any cost impacts to consumers and workers, protect low-income households and assist energy intensive, trade-exposed businesses in their transition from carbon-based fuels.” Inslee’s “emissions limits and markets” program is, like a rose by any other name, a cap and trade program.

The Western Climate Initiative, of which Washington is a member, has established a regional t...