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

Feb 10, 2026 - For example, CARB recently released draft regulations that propose to make various changes to the program—including to the total number of allowances issued and the allocation of those allowances across various purposes (such as GGRF and free allowances to utilities and industry)—that could affect GGRF revenues.
https://lao.ca.gov/Publications/Report/5114

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

Dec 9, 2025 - Number of Allowances Issued. The  aggregate number of allowances CARB decides to issue will affect not only emissions levels but also the scarcity of allowances. This  will, in turn, impact allowance prices and costs paid by households and businesses.
https://lao.ca.gov/Publications/Report/5097

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

Feb 24, 2026 - There also are a number of other refiners in the United States that currently produce RD and could, with the purchase of some ad ditional equipment, be converted to produce SAF in addition to, or instead of, RD.
https://lao.ca.gov/Publications/Report/5139

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - The state added the doubling goal as a narrative water quality objective in the 1995 Bay ‑Delta Plan. Doubling natural production relative to the average annual 1967 ‑1991 baseline would mean nearly 900,000 naturally produced salmon annually.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - While this funding has now mostly been allocated to grantees, Proposition  4 —the 2024 climate bond —also assigned LCI and SGC responsibilities for administering bond funding for a number of similar climate programs.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Additionally, without underst anding the number of incentives that will be provided, the Legislature does not know the number of purchases that could potentially be encouraged —at least to some degree —by the proposal.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - (Given their number, we do not discuss every environment ‑related proposal from the Governor ’s budget. Rather, we highlight some of the larger funding requests that we feel are helpful in illustrating our recommended framework.
https://lao.ca.gov/Publications/Report/5116

The 2026-27 Budget: Proposed Elimination of State Environmental Positions

Feb 17, 2026 - However, positions can be vacant for a number of reasons. For example, in the case of recently enacted legislation, departments likely had not yet had time to hire staff and still were in the initial process of filling the newly established positions when the Department of Finance determined that the positions would instead be eliminated.
https://lao.ca.gov/Publications/Report/5124

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - Electric utilities typically receive roughly one-quarter of the total number of annual allowances issued by CARB. These free allowances are intended to protect electric consumers from significant cost increases associated with the program.
https://lao.ca.gov/Publications/Report/5120

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - The bond measure includes a number of requirements to guide how funds are administered and overseen by about 30 different state agencies, departments, boards, commissions, conservancies, and offices.
https://lao.ca.gov/Publications/Report/5115