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.

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

Cap-and-Trade Program: Allowance Distribution Factsheet

COVID-19 Guts Latest California Cap-and-Trade Auction Revenue, Clearing It Up

Cap-and-Trade Program Data Dashboard

Cap-and-invest - Washington State Department of Ecology

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

Cap and Trade Heats Up—For Better or Worse - Legal Planet

California Cap and Trade Explained

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

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

Archived - Minister's Climate Change Action Plan progress report 2017

So what did California do with that $1.4 billion in cap-and-trade money?