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

Feb 10, 2026 - While this rationale is reasonable, this approach is not without trade ‑offs. Most notably, because including state operations expenditures as part of Tier 1 means they receive first priority for available GGRF, adding new activities to this category can have the effect of gradually “crowding out ” other GGRF ‑funded programs and activities.
https://lao.ca.gov/Publications/Report/5114

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

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

Dec 9, 2025 - Overview of New Updates to the Cap-and-Invest Program Low Carbon Transit Operations Program Caltrans 5 percent of annual revenues. No sunset. Wildfire and forest resilience —SB 901 f CalFire Sunsets on June 30, 2029. $200 million annually.
https://lao.ca.gov/Publications/Report/5097

Overview of New Updates to the Cap-and-Invest Program [Publication Details]

Dec 9, 2025 - Overview of New Updates to the Cap-and-Invest Program [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/5097

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

Feb 10, 2026 - In this post, we analyze a California Public Utilities Commission proposal to implement changes to the California Climate Credit pursuant to Chapter 117 of 2025 (AB 1207, Irwin).
https://lao.ca.gov/Publications/Detail/5120

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

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context December 9, 2025 Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context November 2025 Auction Generated $844  Million in State Revenue.
https://lao.ca.gov/Publications/Report/5096

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context [Publication Details]

Dec 9, 2025 - Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context [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/5096

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - However, the state already has overarching programs —such as cap ‑and ‑invest and LCFS —that are aimed at helping ensure that the state continues to make progress decarbonizing and shifting to cleaner transportation fuels.
https://lao.ca.gov/Publications/Report/5140

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

Feb 10, 2026 - Cap ‑and ‑Invest Commitments. Given its size and legal flexibility, GGRF can serve as an important budget tool to help it fund its highest ‑priority activities across the entire state budget. As we discuss in greater detail in our publication, The 2026‑27 Budget: Cap‑and‑Invest Expenditure Plan , the Legislature has committed large portions of GGRF in 2026‑27 and out‑years through the passage of recent legislation, including Chapter 121 of 2025 (SB 840, Limón).
https://lao.ca.gov/Publications/Report/5116