LAO Environment and Natural Resources

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/Policy-Areas?areaId=10&category=0&year=0&page=20

LAO Publications

Specifically we were asked to look at the costs California would likely incur fo llowing the implementation of AB 32 through the California Air Resource Board’s Scoping Plan, compared to states that do not have similar policies in place.
https://lao.ca.gov/Publications?page=171&year=0&productid=0&categoryid=0

^[PDF] 2008-09 Cal-EPA Budget Overview

. + $5.6 million (Air Pollution Control Fund) for implementation of greenhouse gas emission reduction legislation (Chapter 488, Statutes of 2006 [AB 32, Nuñez]). A majority of this amount is for the study, evaluation, and development of the Low Carbon Fuel Standard measures.
https://lao.ca.gov/handouts/resources/2008/200809_CalEPA_Budget_Overview51208.pdf

LAO 2007 Budget Analysis: Public Utilities Commission (8660)

Climate Change Proposal Contrary to Legislative Direction In our analysis of “ Implementation of “AB 32”—Global Warming Solutions Act of 2006 ” in the “Crosscutting Issues” section of this chapter, we address a CPUC request to establish a “cap-and-trade” market mechanism for utilities as a greenhouse gas emission reduction strategy.
https://lao.ca.gov/analysis_2007/resources/res_17_8660_anl07.aspx

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

^[PDF] (Analysis, page A-36.) resOurces  Governor’s

(Analysis, page A-36.) resOurces  Governor’s AB 32 Funding Plan: Not Responsive to Legislative Direction  The budget proposes $55 million, to continue implementation of the Global Warming Solutions Act of 2006 (commonly known as “AB 32”) to reduce the state’s greenhouse gas emissions.
https://lao.ca.gov/analysis_2008/highlights/pandi_highlights_022108.pdf

^[PDF] The Cap-and-Trade Program: Issues for Legislative Consideration

The program was established through Chapter 488 of 2006 (AB 32, Núñez) and renewed from 2020 to 2030 via Chapter 135 of 2017 (AB 398, E. Garcia). State Both Sells and Gives Away Emission Allowances. The California Air Resources Board (CARB) issues allowances equal to the cap, each of which is essentially a permit to emit one ton of carbon dioxide equivalent.
https://lao.ca.gov/handouts/resources/2024/Cap-and-Trade-Issues-021324.pdf

LAO 2010-11 Budget: Resources and Environmental Protection

For example: The ARB ’s plan to implement AB 32 (commonly referred to as the AB 32 Scoping Plan) includes a 33 percent RPS as one of its primary measures to achieve the state ’s greenhouse gas emission reduction goals.
https://lao.ca.gov/analysis/2010/resources/res_anl10.aspx

LAO 2008 Budget Analysis: Air Resources Board (3900)

The Global Warming Solutions Act of 2006 (Chapter 488, Statutes of 2006 [AB 32, Núñez]). Establishes the goal of reducing the state ’s emission of greenhouse gases, by 2020, to what they were in 1990.
https://lao.ca.gov/analysis_2008/resources/res_anl08013.aspx

2007-08: Overview of the Governor’s Budget

More than one –half of the funding comes from a loan from the California Beverage Container Recycling Fund —a special fund unrelated to the AB 32 program. This funding proposal is contrary to legislative direction that the administration produce a sustainable, long –term funding plan for AB 32 implementation in the budget year.
https://lao.ca.gov/analysis_2008/highlights/pandi_highlights_022108.aspx