Cap-and-Trade Extension: Issues for Legislative Oversight

Dec 12, 2017 - Figure   6 i llustrates two revenue scenarios through 2030 under different assumptions about future allowance prices. The low price scenario assumes all allowances sell at the minimum price established by CARB from 2018 t hrough 2030.
https://lao.ca.gov/Publications/Report/3719

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - The 2025-26 spending plan provides $178  million in multiyear authority —$100  million in 2025-26, $60  million in 2026-27, $12  million in 2027-28, and $6  million in 2028-29 —for the final installment plus a separate $2  million federal reimbursement agreement.
https://lao.ca.gov/Publications/Report/5080

The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - Additionally, by making the limit on offset usage up to 6  percent rather than a fixed 6  percent, the language also would allow CARB some additional flexibility —beyond what is in current law —to set the offset limit lower than the designated level.
https://lao.ca.gov/Publications/Report/5049

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

Dec 9, 2025 - Senate Bill 840 states that the Legislature intends to direct specific percentages of future GGRF to new individual Funds dedicated to supporting (1)  clean transportation, (2)  housing and community investment, (3)  clean air and water, (4)  wildfire prevention and resilience, (5)  agriculture, (6)  clean energy, and (7)  climate ‑focused innovation.
https://lao.ca.gov/Publications/Report/5097

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This is a decrease of $10  million  (6  percent) from the revised 2024-25 level. (This does not reflect some adjustments related to Control Sections 4.05 and 4.12 of the 2024-25 and 2025-26 budgets. Please see the “New and Ongoing Efforts to Achieve Efficiencies” section of our post for more information.)
https://lao.ca.gov/Publications/Report/5081

Expanding Access to Safe and Affordable Drinking Water in California—A Status Update

Nov 10, 2020 - Figure 6 SWRCB Expenditure Plan for SADW Fund (In Millions)
https://lao.ca.gov/Publications/Report/4294

The 2025-26 Budget: May Revision Trailer Bill Proposals on the Delta Conveyance Project and Water Quality Control Plans

May 27, 2025 - (This responds to a court ruling that DWR exceeded its authority in seeking to issue revenue bonds for a broader “Delta Program, ” which the court ruled was more than a modification of the SWP) (Section 6) .
https://lao.ca.gov/Publications/Report/5053

Assessing California’s Climate Policies—Residential Electricity Rates in California

Jan 7, 2025 - As shown in Figure  6 , Californians ’ residential electricity rates vary widely across the state, depending on which utility provides their service. On average, California IOU electricity rates are more than 50  percent higher than rates charged by POUs.
https://lao.ca.gov/Publications/Report/4950

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - This is an increase of 118 positions —or 6   percent —from  2024 ‑25. As we discuss later in this brief, the 2024 ‑25 budget agreement assumed ongoing General Fund state operations savings of up to 7.95  percent across the budget beginning in the current year, as well as additional savings from permanently eliminating vacant positions.
https://lao.ca.gov/Publications/Report/4980

The 2019-20 Budget: Natural Resources and Environmental Protection

Feb 14, 2019 - We note that the dairy industry in California generated $6. 6  b illion in cash receipts in 2017. Charge on Confined Animal Facilities (Amount Not Estimated). Beginning January 2022, the administration proposes to impose a charge on confined animal facilities —excluding dairies —such as poultry and other livestock operations.
https://lao.ca.gov/Publications/Report/3933