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

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

Summary of Major 2022 Climate and Energy Legislation

Jan 6, 2023 - Chapter  488 of 2006 (AB  32, N ú ñez) established the goal of limiting GHG emissions statewide to 1990 levels by 2020 and gave CARB regulatory authority to achieve the maximum cost-effective and technologically feasible emissions reductions.
https://lao.ca.gov/Publications/Report/4660

Changes in California Community Colleges Proposition 98 Spending, 2024-25 and 2025-26 [EdBudget]

Jan 21, 2026 - The Governor's budget also provides $32 million for enrollment growth in 2026-27. b The Governor's budget also includes $102 million in 2026-27 funds for this purpose. c Reflects $4 million for the Mendocino College Fire Academy and $1 million for the Santa Rosa Junior College Fire Academy.
https://lao.ca.gov/Education/EdBudget/Details/1040

K-12 Proposition 98 Funding by Program [EdBudget]

Jan 19, 2026 - Governor's January 2026-27 budget proposes providing an additional $32 million in unspent prior year funds. b Excludes programs operated by nonprofit agencies. Includes $50 million each year for Quality Rating and Improvement System. c Includes $150 million in one-time funds provided in the June 2025 budget. d June 2025 budget also provided $2 million in unspent prior-year funds
https://lao.ca.gov/Education/EdBudget/Details/1069

Major Proposition 98 Spending Proposals [EdBudget]

Jan 23, 2026 - Major Proposition 98 Spending Proposals [EdBudget] Total Spending Proposals $10,910 a Applies to Special Education, State Preschool, Child Nutrition, Equity Multiplier, K-12 Mandates Block Grant, Charter School Facility Grant Program, Foster Youth Services Coordinating Program, Adults in Correctional Facilities, American Indian Education Centers, Child and Adult Care Food Program, and American
https://lao.ca.gov/Education/EdBudget/Details/1064