Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program [Publication Details]

Feb 9, 2012 - This new, complex program is part of the state's plan to reduce greenhouse gas emissions statewide to 1990 levels by 2020—a goal set by the Global Warming Solutions Act of 2006 (commonly referred to as AB 32).
https://lao.ca.gov/Publications/Detail/2559

The 2012–13 Budget: Cap–and–Trade Auction Revenues [Publication Details]

Feb 16, 2012 - These auctions are part of the state's plan to meet the goals of the Global Warming Solutions Act of 2006 (commonly referred to as AB 32). In this report, we recommend that the Legislature first use the revenues in 2012-13 to offset General Fund costs of existing programs designed to mitigate GHG emissions.
https://lao.ca.gov/Publications/Detail/2563

Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program - Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program [Video]

Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program - Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program [Video] To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Evaluating the Policy Trade-Offs in ARB 's Cap-and-Trade Program February 9, 2012 In this video, Mark Newton, Tiffany Roberts, and James Nachbaur
https://lao.ca.gov/Videos/Player?playlistId=45

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

Oct 24, 2023 - Chapter  488 of 2006 (AB  32, N ú ñez) established the target of limiting GHG emissions statewide to the 1990 level by 2020. 2030.  Chapter  249 of 2016 (SB  32, Pavley) extended the limit to at least 40  percent below the 1990 level by 2030. 2045.  
https://lao.ca.gov/Publications/Report/4811

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

May 7, 2025 - Assembly Bill  32 gave CARB almost complete discretion over how to design the cap ‑and ‑trade program. Since the program ’s establishment, much of the Legislature ’s role has revolved around how to spend GGRF revenues, including establishing ongoing statutory allocations and selecting discretionary allocations on an annual basis.
https://lao.ca.gov/Publications/Report/5042

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization [Publication Details]

May 7, 2025 - This report is intended to help inform legislative decision-making around reauthorization of the cap-and-trade program. It is submitted pursuant to Chapter 135 of 2017 (AB 398, Garcia), which requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets.
https://lao.ca.gov/Publications/Detail/5042

Assessing California’s Climate Policies—Residential Electricity Rates in California [Publication Details]

Jan 7, 2025 - This report explores key questions that frequently emerge around residential electricity rates in California, including why electricity rates are relatively high, some resulting implications for ratepayers and state climate change goals, and notable emerging issues.
https://lao.ca.gov/Publications/Detail/4950

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

Jan 7, 2025 - Chapter  488 of 2006 (A B  32 , N ú ñez) established the goal of limiting GHG emissions statewide to  1990 levels by 2020. In 2016, Chapter  249 (S B  32 , Pavley) extended the limit to  40  percent below  1990 levels by  2030.
https://lao.ca.gov/Publications/Report/4950

Cap-and-Trade Revenues: Strategies to Promote Legislative Priorities

Jan 21, 2016 - We continue to believe that targeting funding to GHG reduction activities is a reasonable strategy to reduce legal risk because the funds are being used to achieve the primary regulatory goal of AB  32.
https://lao.ca.gov/Publications/Report/3328

The 2023-24 Budget: Proposed Energy Policy Changes

Mar 10, 2023 - Emissions have decreased since AB 32 was enacted and the state achieved its 2020 goal a year early. However, the rate of reductions needed to reach the SB 32 target are much greater. Chapter 337 of 2022 (AB 1279, Muratsuchi) established an additional objective, requiring the state to achieve carbon neutrality by 2045.
https://lao.ca.gov/Publications/Report/4735