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