The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - (In our view, these cap ‑and ‑invest allowance and LCFS credit prices can serve as very rough proxies for the marginal costs these programs assess for near ‑term GHG  emission  reductions.) With Limited Exceptions, Makes Sense to Focus on Most Cost ‑Effective Approaches to Reducing GHGs.
https://lao.ca.gov/Publications/Report/5139

The 2022-23 Budget: Zero-Emission Vehicle Package

Feb 23, 2022 - (In our view, these allowance and credit prices are a reasonable proxy for the marginal costs of near ‑term GHG emission reductions from these programs.) Also, according to the administration ’s estimates, other GGRF funded incentive programs, such as methane reduction programs, cost less than $100 per ton.
https://lao.ca.gov/Publications/Report/4561

Reducing the Destructiveness of Wildfires: Promoting Defensible Space in California

Sep 30, 2021 - For this reason, we find that it makes sense to use a proxy. In this case, available information suggests that compliance rates with defensible space requirements are correlated with home ignition risk from nearby vegetation, and thus can serve as a reasonable proxy.
https://lao.ca.gov/Publications/Report/4457