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

Feb 10, 2026 - Given the continued uncertainty around cap ‑and ‑invest revenues, we recommend the Legislature closely monitor upcoming quarterly auctions —in February  and May 2026 —to assess how revenues are materializing.
https://lao.ca.gov/Publications/Report/5114

A Framework for Evaluating State-Level Green Stimulus Proposals

Jan 5, 2021 - However, very little of this funding is provided directly to states and, as a result, the state has limited influence over how the money will be spent. If the federal government provides additional stimulus funds that can be used for environmental projects and provides states with some discretion over specific spending decisions, then the Legislature might want
https://lao.ca.gov/Publications/Report/4308

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

Dec 9, 2025 - By resolving this legal uncertainty, A B  1207 helps businesses make long ‑term investment decisions and facilitates the state ’s plans for how it can pursue its GHG goals and support high ‑priority programs.
https://lao.ca.gov/Publications/Report/5097

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

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

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

Jan 7, 2025 - Step 3: Determine How to Structure Residential Rates. The third step generally includes determining how to structure the rates for residential customers to generate the required revenues. This includes determining how much of the money should be generated from fixed charges versus from volumetric charges.
https://lao.ca.gov/Publications/Report/4950

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: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - The  absence of specific information on the program structure makes it impossible for the Legislature to understand how the program will work or evaluate its costs and benefits. For example, without information on the proposed incentive amounts, the Legislature cannot determine whether the incentives would be sufficient to meaningfully affect behavior.
https://lao.ca.gov/Publications/Report/5140

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