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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.

Brief

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.

Handout

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

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

Handout

[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

Handout

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

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

Handout

[PDF] The 2021-22 Budget: Cap-and-Trade Expenditure Plan

February 10, 2021 - This publication analyzes the Governor's cap-and-trade expenditure plan, which includes "early action" discretionary spending of $624 million in 2020-21, as well as $745 million in 2021-22.

Brief

California’s Cap-and-Trade Program: Frequently Asked Questions

October 24, 2023 - This post answers commonly asked questions about cap-and-trade—one of the state’s key programs to address greenhouse gas emissions—and the Greenhouse Gas Reduction Fund.

Handout

[PDF] The Cap-and-Trade Program: Issues for Legislative Consideration

February 13, 2024 - Presented to: Senate Environmental Quality Committee Senate Budget and Fiscal Review Subcommittee No. 2 on Resources, Environmental Protection and Energy

Report

[PDF] The 2018-19 Budget: Resources and Environmental Protection

February 14, 2018 - In this report, we assess many of the Governor’s budget proposals in the resources and environmental protection areas and recommend various changes. Below, we summarize our major findings and recommendations. We provide a complete listing of our recommendations at the end of this report.