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The 2020-21 Budget: Climate Change Proposals, Legislative Analyst's Office
The 2020-21 Budget: Climate Change Proposals, Legislative Analyst's Office
California Agencies
In this report, we assess the Governor’s major 2020-21 budget proposals related to climate change. The four proposals we evaluate are:
• Cap-and-Trade Expenditure Plan ($965 Million). The budget includes a $965 million (Greenhouse Gas Reduction Fund [GGRF]) discretionary cap-and-trade expenditure plan. Funding would mostly go to a variety of existing environmental programs, including programs related to low carbon transportation, local air quality improvements, and forestry.
• Expanded Climate Adaptation Research and Technical Assistance ($25 Million). As part of the cap-and-trade expenditure plan, the Governor proposes $25 million (GGRF) ongoing for several new and expanded climate adaptation research and technical …