On January 21st, 2016, our office released Cap-and-Trade Revenues: Strategies to Promote Legislative Priorities, a report about California’s cap-and-trade program. This program is a key part of California’s strategy to reduce greenhouse gas emissions. In this video, Principal Fiscal and Policy Analyst Ross Brown discusses the important relationship between the two major components of the state’s cap-and-trade program: (1) the cap-and-trade regulation and (2) the auction revenues that are generated as a result of the regulation. In addition, he discusses how this relationship has important implications for the state’s strategy for spending cap-and-trade auction revenues.
View on YouTube.