The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - (For more information on recent changes to the cap-and-invest program, see our December 2025 publication, Overview of New Updates to the Cap-and-Invest Program .) Governor ’s Proposal Proposes $2.2  Million Ongoing for CPUC to Implement AB  1207.
https://lao.ca.gov/Publications/Report/5120

Administration’s Cap-and-Trade Report Provides New Information, Raises Issues For Consideration

Apr 15, 2016 - Establish Independent Expert Committee. In our February 2016 report, we recommended that the Legislature consider establishing an expert committee to help develop a strategy for targeting auction revenues effectively and estimate the outcomes of different programs.
https://lao.ca.gov/Publications/Report/3445

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - For example, the amount emitters recently have had to pay for each ton of carbon dioxide equivalent they emit through the cap ‑and ‑invest program has been below $30 per ton and LCFS credits have been between $50 and $70 per ton.
https://lao.ca.gov/Publications/Report/5139

Overview of New Updates to the Cap-and-Invest Program

Dec 9, 2025 - Monitoring the program ’s implementation will be an important way for the Legislature to help ensure that the state is striking its intended balance between key goals and priorities. CARB ’s Regulations Could Have Important Implications for the Program.
https://lao.ca.gov/Publications/Report/5097

Cap-and-Trade Revenues: Strategies to Promote Legislative Priorities

Jan 21, 2016 - To help ensure a robust analysis, the Legislature could require the administration to establish an expert panel of economists and other outside experts to provide guidance on identifying market conditions i n which current federal and state programs fail to provide adequate incentives for energy technologies.
https://lao.ca.gov/Publications/Report/3328

Hydraulic Fracturing: How It Works and Recent State Oversight Actions

Dec 1, 2016 - The study makes several recommendations—including for further research related to (1) the possible relationship between wastewater injection and earthquakes in California, (2) opportunities for water conservation and reuse in the oil and natural gas industry, and (3) chemicals used in oil and natural gas drilling operations and their effect on the environment and public health.
https://lao.ca.gov/Publications/Report/3513

The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Cap-and-Invest Expenditure Plan [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5114

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Additionally, CARB still is considering linking California’s cap‑and‑invest program with the program in Washington state. Such a linkage could affect allowance prices in both states as they come into alignment.
https://lao.ca.gov/Publications/Report/5114

Assessing California’s Climate Policies—Transportation

Dec 21, 2018 - Economic Costs Consumer Financial Incentives Involve Opportunity Costs. Providing state funding for any program involves an “opportunity cost ” —that is, the funding is not available for some other purpose.
https://lao.ca.gov/Publications/report/3912

Framework For Cap-And-Trade Investment Plan Needs Further Development

Sep 22, 2015 - So, the investment plan provides ARB with an opportunity to provide policy makers current information about the best available science and a framework for how they should weigh the potential benefits, tradeoffs, and risks inherent in different funding choices.
https://lao.ca.gov/Publications/Report/3298