(The Center Square) – Washington state’s most recent carbon auction brought in an estimated $446 million, according to results released by the state Department of Ecology. As of Friday, Washington state has the highest gas prices in the nation, according to AAA.

The Sept. 3 auction sold its nearly 6.4 million allowances at a settlement price of $64.30, raising an estimated $446 million: $295 million for the state and $151 million for the benefit of utility ratepayers.

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