The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - Provide free transit services. a a Included in Governor ’s proposed package of actions. b Governor proposed deferring scheduled inflation increases to gasoline and diesel excise tax rates in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4597

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

Oct 24, 2023 - In 2014, CARB linked the state ’s program with the Canadian province of Quebec ’s smaller carbon market. California ’s carbon market was also linked with Ontario ’s market from 2017 to 2018, before that province ’s cap-and-trade program shuttered.
https://lao.ca.gov/Publications/Report/4811

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

The 2023-24 Budget: California Department of Forestry and Fire Protection’s Major Capital Outlay Proposals

Feb 21, 2023 - Essentially, it will want to consider whether it wants to make reductions —either those proposed by the Governor or equivalent alternatives —to free up resources for this project. In our view, this proposal does not meet that higher bar.
https://lao.ca.gov/Publications/Report/4693

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

Feb 10, 2026 - These free allowances are intended to protect electric consumers from significant cost increases associated with the program. To that end, utilities are required to consign most of these free allowances to auction and use the proceeds to provide rebates to consumer s, known as the “California Climate Credit. ” These rebates currently are provided to residential customers each year in April and October.
https://lao.ca.gov/Publications/Report/5120

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

May 7, 2025 - For example, currently, some of the allowances are allocated to utilities for free. These utilities are required to consign most of these free allowances to auction and use the resulting revenues to provide customer rebates.
https://lao.ca.gov/Publications/Report/5042

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - The budget proposes $70  million in both 2026 ‑27 and 2027 ‑28 —$20  million from the Lead ‑Acid Battery Cleanup Fund and $50  million from the General Fund as a loan to the Toxic Substances Control Account (TSCA) —to support DTSC in cleaning up additional residential properties impacted by lead ‑contaminated soil linked to the former Exide facility in the City of Vernon.
https://lao.ca.gov/Publications/Report/5116

The 2017-18 Budget: Cap-and-Trade

Feb 13, 2017 - These include strategies for allocating allowances, the use of offsets, and linking the program with other jurisdictions. We discussed many of these key design features and the major trade ‑offs in our 2012 report, Evaluating the Policy Trade‑Offs in ARB’s Cap‑and‑Trade Program .
https://lao.ca.gov/Publications/Report/3553

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - However, the proposal does not fully describe the links between those goals and individual spending decisions. For  example, the proposal does not set a goal for how many additional acre ‑feet of water will be recycled because of Proposition  4 investments.
https://lao.ca.gov/Publications/Report/4958

Cap-and-Trade Extension: Issues for Legislative Oversight

Dec 12, 2017 - In 2017, about 15   p ercent of allowances were given for free to certain businesses for industry assistance. Only those covered entities operating in industries CARB has assessed as being at risk for leakage receive free allowances for industry assistance.
https://lao.ca.gov/Publications/Report/3719