Revenue from quarterly cap‑and‑trade auctions is deposited in the Greenhouse Gas Reduction Fund (GGRF), and the funds are allocated to various climate‑related programs. In this post, we (1) summarize the results from the recent November 2021 cap‑and‑trade auction, (2) estimate future GGRF revenue and the amount available for discretionary spending under three different scenarios, and (3) identify issues for legislative consideration as it begins its 2022‑23 budget deliberations.
COVID-19 Guts Latest California Cap-and-Trade Auction Revenue, Clearing It Up
1. CA GGRF CaseStudy
Uncertain Future for Cap-and-Trade - Public Policy Institute of California
California's Cap-And-Trade Compromise Is A Big Step Forward, Not A Win For Polluters
How Would Facility-Specific Emissions Caps Affect the California Carbon Market?
First Look: A Budget Center Analysis of the 2018-19 State Budget - California Budget and Policy Center
Climate change policy of California - Wikipedia
California's Cap-and-Trade Program Generates Severely Reduced Revenue
Cap-and-Trade Program Data Dashboard
How Would Facility-Specific Emissions Caps Affect the California Carbon Market?
碳定价机制发展现状与未来趋势2022_ERR能研微讯-商业新知