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

Feb 24, 2026 - (In our view, these cap ‑and ‑invest allowance and LCFS credit prices can serve as very rough proxies for the marginal costs these programs assess for near ‑term GHG  emission  reductions.) With Limited Exceptions, Makes Sense to Focus on Most Cost ‑Effective Approaches to Reducing GHGs.
https://lao.ca.gov/Publications/Report/5139