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Cap-And-Trade Auction Update and GGRF Projections


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[PDF] The 2022-23 Budget: Cap-and-Trade Expenditure Plan

January 25, 2022 - In this post, we describe the Governor's cap-and-trade expenditure plan, evaluate the revenue assumptions used to determine the amount of funding available, and identify issues for legislative consideration.

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The 2022-23 Budget: Cap-and-Trade Revenue Update

April 29, 2022 - This budget post provides an update on cap-and-trade revenue and resources available for discretionary spending.

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The 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

March 2, 2023 - This post summarizes the Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund revenue estimates.

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[PDF] The Greenhouse Gas Reduction Fund: Current Status and Choices Ahead

April 30, 2025 - Assembly Budget Subcommittee No. 4 on Climate Crisis, Resources, Energy and Transportation

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The 2024-25 Budget: Cap-and-Trade Expenditure Plan

February 20, 2024 - This posts describes the Governor's $2.3 billion discretionary cap-and-trade expenditure plan proposal.

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Assessing California’s Climate Policies: Cap-and-Trade Reauthorization

May 7, 2025 - This report is intended to help inform legislative decision-making around reauthorization of the cap-and-trade program. It is submitted pursuant to Chapter 135 of 2017 (AB 398, Garcia), which requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets.

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[PDF] 2017-18 Cap-and-Trade Expenditure Plan

August 23, 2017 - Presented to Assembly Budget Subcommittee No. 3 on Resources and Transportation

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[PDF] Cap-and-Trade Spending Overview

March 30, 2023 - Presented to: Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection and Energy

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[PDF] 2017-18 Cap-and-Trade Expenditure Plan

August 24, 2017 - Presented to Senate Budget and Fiscal Review, Subcommittee No. 2