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

Apr 29, 2022 - If current prices for allowances on the secondary market remain steady over the coming weeks, we expect revenue from the May auction will continue to track closely to our base forecast—which would result in an additional $400 million above the Governor’s budget assumptions.
https://lao.ca.gov/Publications/Report/4591

The 2020-21 Budget: Addressing Revenue Uncertainty in the 2020-21 Cap-and-Trade Expenditure Plan

Jun 4, 2020 - The Legislature could direct the administration to provide information on the potential market or operational impacts COVID-19 might have on programs ’ ability to spend the funding in the next year. Are Continuous Appropriations Still Consistent With Legislature ’s Priorities?
https://lao.ca.gov/Publications/Report/4250

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

May 7, 2025 - For example, it could increase the number of free allowances it provides to electric utilities to sell on the market, enabling them to generate more revenue for customer bill credits such as the California Climate Credit.
https://lao.ca.gov/Publications/Report/5042

The 2023-24 Budget: Proposed Energy Policy Changes

Mar 10, 2023 - Market Effects of Central Procurement. Under the proposal, DWR would be able to procure energy resources on behalf of the state and LSEs if requested by CPUC. The current market for energy resources is strained, with a large number of LSEs competing for a relatively small pool of projects that often will take years to develop.
https://lao.ca.gov/Publications/Report/4735

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

Feb 12, 2025 - Predicting how the cap ‑and ‑trade market will behave and forecasting corresponding GGRF revenues are always subject to some uncertainty. However, a couple of factors may contribute to more uncertainty than usual for this exercise over the next several years.
https://lao.ca.gov/Publications/Report/4960

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

Oct 24, 2023 - In 2014, CARB linked the state ’s program with the Canadian province of Quebec ’s smaller carbon market. California ’s carbon market was also linked with Ontario ’s market from 2017 to 2018, before that province ’s cap-and-trade program shuttered.
https://lao.ca.gov/Publications/Report/4811

Assessing California’s Climate Policies—Agriculture

Dec 15, 2021 - Given that research is still in the testing phase, there is still some uncertainty regarding when one will become commercially available. Some reports indicate that a feed additive could be available within the next few years, while others indicate that it will take a decade or more.
https://lao.ca.gov/Publications/Report/4483

The 2022-23 Budget: Office of Planning and Research Budget Proposals

Feb 9, 2022 - Our office is still reviewing this information and we plan to release our assessment later this budget cycle. Legislative and Administrative Proposals We do not have comments on or concerns with the following budget change proposals: Extend and Re ‑Appropriate Funding for Climate Change Research.
https://lao.ca.gov/Publications/Report/4523

The 2022-23 Budget: Pesticide Enforcement

May 5, 2022 - DPR collects samples from various locations such as packing sites, wholesale and retail markets, and farmers markets. Residue monitoring is based on enforcing U.S. EPA tolerances—the maximum amount of a pesticide allowed to remain in or on a food.
https://lao.ca.gov/Publications/Report/4592

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

May 27, 2025 - Still, those efficiencies would come at the loss of the CEQA analysis and its potential benefits. The costs and benefits associated with these trade-offs are complicated to a ssess, particularly without time to solicit input and feedback from a range of interested and affected parties.
https://lao.ca.gov/Publications/Report/5053