The 2022-23 Budget: Clean Energy Package

Feb 22, 2022 - The state ’s 2030 GHG goals will be difficult to meet. The Legislature could redirect some of the proposed funding to other programs that likely do more to help meet the state ’s 2030 goals, such as methane reduction programs.
https://lao.ca.gov/Publications/Report/4554

The 2022-23 Budget: Cap-and-Trade Revenue Update

Apr 29, 2022 - (These funds do not count toward the state appropriations limit.) By comparison, the administration’s January cap-and-trade expenditure plan included nearly $1 billion in discretionary expenditures. February Auction Revenue Similar to LAO Base Forecast.
https://lao.ca.gov/Publications/Report/4591

The 2022-23 Budget: State Water Resources Control Board—Bay-Delta Plan Update [Publication Details]

Jan 31, 2022 - The 2022-23 Budget: State Water Resources Control Board—Bay-Delta Plan Update [Publication Details] Description: In this post, we discuss the State Water Resources Control Board’s (SWRCB’s) efforts to update the water quality control plan for the Sacramento‑San Joaquin Bay‑Delta and its source rivers.
https://lao.ca.gov/Publications/Detail/4506

An Initial Review of the Regional Forest and Fire Capacity Program

Dec 13, 2021 - These potential longer ‑term actions include aligning state grants with regional priority plans and considering ongoing  funding for RFFC. Short ‑Term Recommendations Create State Requirements for Regional Priority Plans State Standards Could Help Align Plans With State Priorities.
https://lao.ca.gov/Publications/Report/4482

The 2022-23 Budget: Zero-Emission Vehicle Package

Feb 23, 2022 - By  comparison, other state programs are likely more cost ‑effective. For example, current cap ‑and ‑trade allowance prices are about $30  per ton and Low Carbon Fuel Standard credits are about $150 per ton.
https://lao.ca.gov/Publications/Report/4561

The 2022-23 Budget: Cap-and-Trade Expenditure Plan

Jan 25, 2022 - Why should the state invest in a one ‑time snapshot of air pollution, rather than a system that can help the state track changes in air pollution over time? How many areas of the state would be monitored?
https://lao.ca.gov/Publications/Report/4496

The 2022-23 Budget: Oil Well Abandonment and Remediation [Publication Details]

Jan 31, 2022 - Furthermore, it may be appropriate for the current oil and gas operators to bear at least some of the cost of remediating the environmental damages from these wells—rather than the general taxpayer through the state General Fund.
https://lao.ca.gov/Publications/Detail/4508

Assessing California’s Climate Policies—Agriculture

Dec 15, 2021 - The purpose of the state ’s LCFS program is to reduce the average carbon intensity of transportation fuels in the state by incentivizing the production and use of low carbon fuels. The program establishes statewide carbon intensity standards for transportation fuels supplied.
https://lao.ca.gov/Publications/Report/4483

Reducing the Destructiveness of Wildfires: Promoting Defensible Space in California

Sep 30, 2021 - This includes increased state support for a shared data collector application and ensuring that state and local agencies feed inspections data into a centralized system. Take Steps to Address Other Barriers to State and Local Efforts.
https://lao.ca.gov/Publications/Report/4457

Cap-And-Trade Auction Update and GGRF Projections

Dec 6, 2021 - Based on the preliminary results, the state will receive an estimated $1.3 billion in revenue from the auction—the highest amount for any quarterly auction in the program’s history. As shown in Figure 1, this amount is somewhat more than what the state received from the August 2021 auction ($1.1 billion).
https://lao.ca.gov/Publications/Report/4480