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—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—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

Assessing California's Climate Policies [Publication Details]

May 7, 2025 - Assessing California's Climate Policies [Publication Details] HTML Description: Chapter 135 of 2017 (AB 398, E. Garcia), requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets and on the state’s progress towards achieving those targets.
https://lao.ca.gov/Publications/Detail/5072

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

Feb 12, 2025 - The two proposals  include: Clean Energy Reliability Investment Plan (CERIP) Fund Shift ($32   Million Shift From GGRF to Proposition   4). The Governor proposes shifting $32  million of planned spending to implement CERIP from GGRF to Proposition  4.
https://lao.ca.gov/Publications/Report/4960

The 2025-26 Budget: Cap-and-Trade Reauthorization and Greenhouse Gas Reduction Fund Proposals at May Revision

May 19, 2025 - The planned reductions affect multiyear spending plans included in prior budget agreements for activities such as the AB  617 community air protection program, support for local transit agencies, and various zero-emission vehicle programs.
https://lao.ca.gov/Publications/Report/5049

The 2025-26 Budget: State Mandates—Regional Water Quality Control Boards

May 30, 2025 - This includes 32 pending test claims and 4 additional claims for which CSM has already identified state-reimbursable mandated activities but has not yet developed cost estimates. Each test claim submitted to CSM is different and has to be considered individually.
https://lao.ca.gov/Publications/Report/5054

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - In addition to helping regulate pollutants that affect air quality, CARB is the lead state agency responsible for directing the state ’s efforts to meet the GHG reduction targets established in the Global Warming Solutions Act of 2006 (Chapter  488 of 2006, [A B  32 , N ú ñez ]) and subsequent legislation (such as Chapter 249 of 2016 [SB 32, Pavley] and Chapter 337 of 2022 [AB 1279, Muratsuchi]).
https://lao.ca.gov/Publications/Report/4980

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - This includes 32 pending test claims and 4 additional claims for which CSM has already identified state-reimbursable mandated activities but has not yet developed cost estimates. (These are in addition to the four mandates —including the Santa Ana regional board mandate —which CSM already identified and assigned cost estimates over the past year.)
https://lao.ca.gov/Publications/Report/5039