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

Dec 9, 2025 - For example, under these pieces of legislation, CARB continues to have authority to set the level of the program ’s price ceiling and floor, the total number of allowances issued, and the share of allowances to sell versus provide for free to industry and utilities.
https://lao.ca.gov/Publications/Report/5097

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

May 7, 2025 - Accordingly, setting a lower upper bound for allowance prices can thereby constrain potential associated costs for consumers. The Legislature could set a price ceiling at whatever level it deems appropriate given its policy priorities.
https://lao.ca.gov/Publications/Report/5042

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - Overall, Proposed Plan Seems Reasonable and Consistent With Bond Requirements. Based on our review, the Governor ’s proposal appears reasonable. We have not identified any proposed actions or appropriations that conflict with bond requirements, and the timing of the funding allocations generally seems to account for and align with what we know about department capacity and local demand.
https://lao.ca.gov/Publications/Report/5115

What Can We Learn From How the State Responded to the Last Major Drought?

May 13, 2021 - (For more information on that legislation and its implementation, please see our November 2020 r eport, Expanding Access to Safe and Affordable Drinking Water in California—A Status Update .) Update on Current Conditions State Is Experiencing Another Multiyear Dry Period.
https://lao.ca.gov/Publications/Report/4429

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

Mar 19, 2026 - While the two offices are now separate, LCI provides administrative, cybersecurity, and information technology (IT) infrastructure services to GO-SERVE. GO-SERVE reimburses LCI for the staff time LCI spends providing these services (but not for the cost of maintaining the infrastructure) .
https://lao.ca.gov/Publications/Report/5167

The 2024-25 Budget: Salton Sea Management Program

Feb 26, 2024 - Many Agencies Have a Role to Play at the Salton Sea. Numerous agencies at all levels of government are involved in responding to conditions at the Salton Sea. The principal agencies and their major roles are described in   Figure  1 .
https://lao.ca.gov/Publications/Report/4859

Reducing the Destructiveness of Wildfires: Promoting Defensible Space in California

Sep 30, 2021 - Additionally, the state is home to over 100 l ocal fire safe councils, which typically focus on educating their local communities about wildfire. These community ‑based groups serve many, but not all, parts of the state.
https://lao.ca.gov/Publications/Report/4457

The 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

Mar 2, 2023 - (Please see our recent report, The2023-24 Budget: Crafting Climate, Resources, and Environmental Budget Solutions , for a more detailed discussion of which programs would receive GGRF funds under the proposal.)
https://lao.ca.gov/Publications/Report/4730

Cap-and-Invest: November 2025 Auction Update and 2026-27 Budget Context

Dec 9, 2025 - This amount includes a total of $3.2  billion for various identified programs and purposes, $1  billion set aside for unspecified programs subject to appropriation, and roughly $100  million for state administrative costs.
https://lao.ca.gov/Publications/Report/5096

The 2023-24 Budget: California Department of Forestry and Fire Protection’s Major Capital Outlay Proposals

Feb 21, 2023 - Finally, we recommend approving some level of additional funding for temporary training facilities but seeking additional information from CalFire to justify the appropriate level. Rebuild Growlersburg Conservation Camp.
https://lao.ca.gov/Publications/Report/4693