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

May 7, 2025 - In year s where auction revenues are comparatively high, this would free up additional GGRF for spending on other legislative priorities while still providing certain and consistent funding streams to the existing  programs.
https://lao.ca.gov/Publications/Report/5042

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

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - Alternatively, the Legislature might have spending priorities for the freed ‑up General Fund and GGRF that differ from the Governor ’s. These considerations may become even more important if the budget condition deteriorates.
https://lao.ca.gov/Publications/Report/4958

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Any level above zero is up to the discretion of the Legislature. Recent budgets have set the SFEU between $3.5  billion and $4  billion. The Governor proposes a $4.5  billion SFEU balance for the end of 2025 ‑26.
https://lao.ca.gov/Publications/Report/4951

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

May 27, 2025 - If the state proceeds with the DCP, the proposed changes could speed up litigation over the project, which could in turn expedite construction and reduce costs (given that delays lead to inflationary cost increases).
https://lao.ca.gov/Publications/Report/5053

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

Feb 24, 2025 - Under this authority, CARB has established regulations that authorize the use of up to 10  percent ethanol in gasoline (a blend known as E10). CARB reports that virtually all gasoline currently sold in California is  E10.
https://lao.ca.gov/Publications/Report/4980

The 2025-26 Budget: Cap-and-Trade Expenditure Plan

Feb 12, 2025 - This consists of the $32  million that would be “freed up ” by the CERIP fund shift discussed above, along with $49  million from projected additional unallocated discretionary GGRF revenues. These transfers would pay for the costs of CARB ’s Mobile Source Program, which is intended to reduce emissions from on ‑ and off ‑road mobile sources.
https://lao.ca.gov/Publications/Report/4960

Frequently Asked Questions About Wildfires in California

Jan 28, 2025 - However, the President has the authority to adjust the percentage up to 100  percent. Regardless of the authorized federal reimbursement rate, the state and local governments often do not receive every dollar they request as some costs are deemed ineligible.
https://lao.ca.gov/Publications/Report/4952

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

Jan 7, 2025 - Additionally, Chapter  361 of 2022 (S B  1020 , Laird) set interim targets to this goal, requiring that zero ‑carbon sources make up 90  percent of statewide electricity sales by 2030 and 95  percent by 2035.
https://lao.ca.gov/Publications/Report/4950