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California Climate Investments reports nearly $1B in funding in 2022 to support communities facing the worst impacts of pollution, climate change

SACRAMENTO — California today released its annual report for California Climate Investments, which highlights that 74% of investments from 2022 — almost $1 billion — supported communities and households facing greater economic and environmental challenges.
United States Kyana Garcia Liane Randolph Greenhouse Gas Reduction Fund Legislature On California Climate Investments Using Cap Speed Rail Authority
Source: ca.gov

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.
United States Greenhouse Gas Reduction Fund How Should The Legislature Allocate Discretionary Funding Stable Prices Base Trade Auction California Air Resources Board
Source: ca.gov

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