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Other Budget Issues

Last Updated: 2/21/2012
Budget Issue: Use of cap-and-trade auction revenues
Program: Cap-and-Trade Program
Finding or Recommendation: Maximize use of cap-and-trade auction revenues to offset General Fund costs of existing programs that mitigate greenhouse gas emissions and direct administration to provide a list by April 1, 2012 of current programs whose spending could be offset by auction revenues. Reject Governor's proposal to allocate auction revenues to specific programs following 30-day notification to the Legislature.
Further Detail

Please see our budget brief, The 2012-13 Budget: Cap-and-Trade Auction Revenues, for more information.