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

Feb 24, 2026 - Federal Light ‑Duty Incentive Program Expired in Late September 2025. In recent years, the federal government has offered financial incentives to encourage ZEV purchases. Most recently, the federal Inflation Reduction Act included a tax credit of up to $7,500 per vehicle for the purchase of new light ‑duty ZEVs and up to $4,000 per vehicle for the purchase of used light ‑duty ZEVs.
https://lao.ca.gov/Publications/Report/5140

The 2022-23 Budget: Zero-Emission Vehicle Package

Feb 23, 2022 - Light ‑Duty Vehicle Rebate and Infrastructure Programs Difficult to Evaluate Evaluating cost ‑effectiveness can be challenging for many mobile source programs, but especially certain light ‑duty, zero ‑emission vehicle (ZEV) programs.
https://lao.ca.gov/Publications/Report/4561

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

Feb 10, 2026 - The budget proposes $200  million on a one ‑time basis ($115  million from GGRF and $85  million from the Air Pollution Control Fund [APCF]) to create a new incentive program for light ‑duty vehicles.
https://lao.ca.gov/Publications/Report/5116

Summary of Major 2022 Climate and Energy Legislation

Jan 6, 2023 - Carbon dioxide removal (CDR) involves extracting existing CO2 from the atmosphere and storing it using similar me thods as CCUS, or repurposing it into other products such as fuels or chemicals. The state has identified these technologies as an important part of efforts to achieve carbon neutrality.
https://lao.ca.gov/Publications/Report/4660

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive [Publication Details]

Feb 24, 2026 - In this piece, we review the Governor's proposal to provide $200 million to create a new point-of-sale incentive program for light-duty zero-emission vehicles.
https://lao.ca.gov/Publications/Detail/5140

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

Feb 10, 2026 - Proposes $115  million to create a new light ‑duty ZEV incentive program . (The Governor also proposes providing $85 million from the Air Pollution Control Fund—similarly freed up from undoing the previously‑approved MVA fund transfer—to support this new ZEV program, for a total of $200 million.)
https://lao.ca.gov/Publications/Report/5114

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

Feb 10, 2026 - In light of the state ’s budget condition —and as we discuss in greater detail in our recent publication, The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget —we recommend the Legislature apply a very high bar to its review of new proposals.
https://lao.ca.gov/Publications/Report/5120

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - Weigh Fund Shifts in Light of Overall Budget and Legislative Priorities. Approve Administrative Procedure Act Exemption, but Consider Adding Transparency Requirements for Program Development Processes.
https://lao.ca.gov/Publications/Report/4958

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The Governor ’s budget revenue upgrade, while somewhat higher than ours, is reasonable in light of the recent collection trends. That being said, we continue to be concerned that recent gains are on shaky ground.
https://lao.ca.gov/Publications/Report/4951

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

May 7, 2025 - In general, particularly in light of the high stakes involved, we advise the Legislature to weigh in —through providing additional statutory direction to CARB —on any areas it deems to be of particular importance and for which it has specific preferences.
https://lao.ca.gov/Publications/Report/5042