The 2012–13 Budget: Cap–and–Trade Auction Revenues [Publication Details]

Feb 16, 2012 - 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/Publications/Detail/2563

Evaluating the Policy Trade-Offs in ARB's Cap-and-Trade Program

Assembly Bill 32 sets a number of standards that must be met in order for emissions reductions from offset projects to be counted towards meeting the AB 32 goal of reducing GHG emissions. The standards are intended to ensure that the projects result in real and permanent reductions in GHG emissions (see nearby box).
https://lao.ca.gov/reports/2012/rsrc/cap-and-trade/cap-and-trade-020912.aspx

^[PDF] Cap-and-Trade Revenues: Strategies to Promote Legislative Priorities

AB 32 and the Scoping Plan. The Global Warming Solutions Act of 2006 (Chapter 488 [AB 32, Núñez/Pavley]), commonly referred to as AB 32, established the goal of reducing GHG emissions statewide to 1990 levels by 2020.
https://lao.ca.gov/reports/2016/3328/cap-trade-revenues-012116.pdf

^[PDF] Cap-and-Trade: Budget Conference Issues

There are likely legal restrictions on the use of cap-and-trade funds that require the funds be used in a way that advances the goals of AB 32. For example, the primary goal of AB 32 is to reduce GHG emissions.
https://lao.ca.gov/handouts/conf_comm/2015/Cap-and-Trade-Conference-Issues-060415.pdf

^[PDF] Overview of California Climate Goals and Policies

Authorized ARB to adopt cap-and-trade regulation through 2020.  State Established a Variety of Policies to Meet 2020 Target  Scoping Plan developed by ARB includes 33 percent renewable portfolio standard (RPS), low carbon fuel standard (LCFS), energy effi ciency, and cap-and-trade.  Recent Legislation Established 2030 GHG Target and Policy Direction  Chapter 249 of 2016 (SB
https://lao.ca.gov/handouts/resources/2017/Overview-California-Climate-Goals-Policies-061417.pdf

^[PDF] The 2014-15 Budget: Cap-and-Trade Auction Revenue Expenditure Plan

AB 32 COI Fee. The ARB’s 2008 Scoping Plan considers several uses of cap-and-trade revenue, including the potential use of auction revenue to support the costs of administering AB 32. As we described above, such administrative costs are currently paid by the AB 32 COI fee.
https://lao.ca.gov/reports/2014/budget/cap-and-trade/auction-revenue-expenditure-022414.pdf

^[PDF] Cap-and-Trade Market Issues

As part of its updated economic analysis completed in 2010, the Air Resources Board (ARB) reexamined the economic assumptions it used in the original 2008 AB 32 Scoping Plan (the board’s plan to meet the AB 32 goal of reducing California’s greenhouse gas [GHGs] emissions to 1990 levels by 2020).
https://lao.ca.gov/handouts/resources/2011/Cap_and_Trade_Market_Issues_062911.pdf

^[PDF] The 2013-14 Budget: Resources and Environmental Protection

Similarly, the administration proposes to use revenues from the “AB 32 cost of implementation fee” and cap-and-trade auctions for new administrative activities. Given the legal constraints regarding the use of such revenues, we recommend that the Legislature seek Legislative Counsel’s guidance regarding the legal risks of these proposals.
https://lao.ca.gov/analysis/2013/resources/resources-budget-analysis/resources-budget-analysis-021913.pdf

^[PDF] Overview of ARB’s Emission Reduction Goals and Planning Efforts in Transportation Sector

It also reviews and approves local air districts’ plans to reduce emissions from stationary sources.  The ARB’s draft 2015 mobile source strategy—a component of the SIP planning process—identifi es potential transportation emission reduction measures that could help meet air quality standards, as well as the Governor’s GHG reduction and petroleum consumption goals.  AB
https://lao.ca.gov/handouts/resources/2016/Overview-ARB-Emission-Reduction-Goals-Planning-022216.pdf

^[PDF] Supplemental Report of the 2012-13 Budget Package

AB 32 Cost of Implementation Fee. The Administration shall include, as part of the Governor’s January budget display, activities funded by the AB 32 Cost of Implementation Fee. The budget display shall include a separate schedule for climate change activities funded by the AB 32 Cost of
https://lao.ca.gov/reports/2012/supp_report/supp_report_2012_052013.pdf