The 2024-25 Budget: Cap-and-Trade Expenditure Plan

Feb 20, 2024 - However, the way in which CARB makes changes to it s allocation of allowances (such as modifying the mix of allowances given away for free to certain industries like utilities versus the number sold at the state ‑run auctions) ultimately will determine the impacts on prices and state  revenues. 2030 Expiration.
https://lao.ca.gov/Publications/Report/4847

The 2024-25 Budget: Crafting Climate, Resources, and Environmental Budget Solutions

Feb 14, 2024 - State Faces a Multiyear, Multibillion‑Dollar Budget Problem. Due to a deteriorating revenue picture relative to expectations from June 2023, both our office and the administration anticipate that the state faces a significant multiyear budget problem.
https://lao.ca.gov/Publications/Report/4841

Assessing Early Implementation of Urban Water Use Efficiency Requirements [Publication Details]

Jan 4, 2024 - Legislation approved in 2018 established a long-term urban water use efficiency framework to “Make Conservation a California Way of Life,” creating new requirements for urban retail water suppliers across the state. This report responds to a requirement that our office assess implementation of the framework.
https://lao.ca.gov/Publications/Detail/4823

Assessing Early Implementation of Urban Water Use Efficiency Requirements

Jan 4, 2024 - Even Modest Water Savings Could Help With Resilience, but Will Depend on How the State Manages Those Savings. SWRCB estimates the state could conserve about 440,000  acre ‑feet of water annually at full implementation, which represents about 1  percent of total state water use.
https://lao.ca.gov/Publications/Report/4823

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

Oct 24, 2023 - Historically, cap-and-trade has been considered as a “backstop ” to ensure the state meets its targets. That is, CARB has explicitly stated that to the degree other policies collectively fall short of meeting the state ’s GHG reduction goals, the cap-and-trade program is intended to reduce emissions further to make up the difference.
https://lao.ca.gov/Publications/Report/4811

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - Figure 1 General obligation bond debt service 1,259 ‑2 — a Includes funding from contractors of the State Water Project that is continuously appropriated to the department. b Includes state conservancies, Coastal Commission, and other departments.
https://lao.ca.gov/Publications/Report/4807

The 2023-24 Budget: California Spending Plan Series [Publication Details]

Oct 2, 2023 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The final version of Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2023-24 budget package. As these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4835

Leveraging Federal Climate Funding; Recent State Actions [Publication Details]

Aug 29, 2023 - Leveraging Federal Climate Funding; Recent State Actions [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/4794

Promoting Electric Reliability; Recent State Actions [Publication Details]

Aug 29, 2023 - Promoting Electric Reliability; Recent State Actions [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/4795

New Infrastructure Legislation: Summary and Issues for Legislative Oversight

Aug 8, 2023 - Under the legislation, the funding must meet certain other requirements, including that its use be consistent with the state ’s Scoping Plan for Achieving Carbon Neutrality and state law and not require the expenditure of additional state funds.
https://lao.ca.gov/Publications/Report/4785