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Cap-And-Trade Auction Update and GGRF Projections

Cap-And-Trade Auction Update and GGRF Projections

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.

California Cap and Trade Explained

ABS Offshore Sustainability Insights Industry and Market Trends by American Bureau of Shipping (ABS) - Issuu

1. CA GGRF CaseStudy

Carbon Neutrality on Sale – Energy Institute Blog

California's cap-and-trade auction sees record prices once again - E&E News by POLITICO

Cap-and-Trade Program Data Dashboard

About — California Climate Investments

ONTARIO'S CAP AND TRADE PROGRAM – THE CALIFORNIA DIMENSION

California Carbon Credits (How Does It Work?)

Report: Cap-and Trade Investments Support Affordable Housing, Fire Prevention, Public Transit - Streetsblog California

Report: Cap-and Trade Investments Support Affordable Housing, Fire Prevention, Public Transit - Streetsblog California

New Report Details How Cap-and-Trade Proceeds Benefit California and the Bay Area