Tuesday, March 14, 2017

arbcombo -- Cap-and-Trade Auction Proceeds: Annual Report on California Climate Investments

The 2017 Annual Report to the Legislature on California Climate
Investments Using Cap-and-Trade Auction Proceeds is now
available. The Air Resources Board has also updated the
interactive map and list of each California Climate Investment
project in the State. The report, map, and project list can be
found at: www.caclimateinvestments.ca.gov.

This 2017 Annual Report describes the status of funded programs
and provides estimates of the greenhouse gas reductions expected
from project investments and provides key statistics on benefits
to disadvantaged communities, demand for funding, and leveraging.
The project map and list include additional project level
information on the estimated greenhouse gas reductions,
disadvantaged community benefits, and location of each
investment. The project map and list include the ability to
filter by program, county, or legislative district. The report,
map, and project list provide data as of November 30, 2016.


BACKGROUND:
Assembly Bill 32, the California Global Warming Solutions Act of
2006 (AB 32; Nunez, Chapter 488, Statutes of 2006) is a
comprehensive, multi-year program to reduce greenhouse gas
emissions in California. The Air Resources Board has adopted a
Scoping Plan and, together with other State and local agencies,
has developed and implemented numerous regulations and programs,
including the Cap-and-Trade Program to reduce emissions to meet
AB 32 goals. AB 1532 (Pérez, Chapter 807, Statutes of 2012)
requires the Department of Finance to submit an annual report to
the Legislature on the status and outcomes of projects funded
from the Greenhouse Gas Reduction Fund.



California is in a drought emergency.
Visit www.SaveOurH2O.org for water conservation tips.

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The energy challenge facing California is real. Every Californian
needs to take immediate action to reduce energy consumption. For
a list of simple ways you can reduce demand and cut your energy
costs, visit the Flex Alert website at www.flexalert.org .
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