Cap-And-Trade Auction Update and GGRF Projections
By A Mystery Man Writer
Description
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.
![Cap-And-Trade Auction Update and GGRF Projections](https://image.isu.pub/240208095038-99e3f5e9f9ce14f06144127187ef65b7/jpg/page_1_thumb_large.jpg)
ABS Offshore Sustainability Insights Industry and Market Trends by American Bureau of Shipping (ABS) - Issuu
![Cap-And-Trade Auction Update and GGRF Projections](https://assets.isu.pub/document-structure/230607152732-c4f79e5042e0d692cdf884d03b359ee2/v1/742e6403a3d19e0e3b5adc8ecfeef6f2.jpeg)
ABS Offshore Sustainability Insights Industry and Market Trends by American Bureau of Shipping (ABS) - Issuu
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![Cap-And-Trade Auction Update and GGRF Projections](https://www.c2es.org/wp-content/uploads/2017/10/california-cap-and-trade-emissions-cap.png)
California Cap and Trade - Center for Climate and Energy SolutionsCenter for Climate and Energy Solutions
![Cap-And-Trade Auction Update and GGRF Projections](https://lao.ca.gov/reports/2021/4480/4480-fig1.png)
Cap-And-Trade Auction Update and GGRF Projections
![Cap-And-Trade Auction Update and GGRF Projections](https://lao.ca.gov/reports/2023/4811/4811-fig4.png)
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![Cap-And-Trade Auction Update and GGRF Projections](https://onlinelibrary.wiley.com/cms/asset/a80c5d13-20f6-49a8-bb60-99a64d029e21/ropr12440-fig-0002-m.jpg)
Climate and transportation policy sequencing in California and Quebec - Purdon - 2021 - Review of Policy Research - Wiley Online Library
![Cap-And-Trade Auction Update and GGRF Projections](https://lao.ca.gov/reports/2021/4480/4480-fig3.png)
Cap-And-Trade Auction Update and GGRF Projections
![Cap-And-Trade Auction Update and GGRF Projections](https://blog.bayareametro.gov/sites/default/files/styles/large/public/featured/alameda_option_4.jpg?itok=jG0timdP)
New Report Details How Cap-and-Trade Proceeds Benefit California and the Bay Area
![Cap-And-Trade Auction Update and GGRF Projections](https://assets.isu.pub/document-structure/230607152732-c4f79e5042e0d692cdf884d03b359ee2/v1/8bc71472b0cf4176b9e463a132365c70.jpeg)
ABS Offshore Sustainability Insights Industry and Market Trends by American Bureau of Shipping (ABS) - Issuu
![Cap-And-Trade Auction Update and GGRF Projections](https://assets.isu.pub/document-structure/230607152732-c4f79e5042e0d692cdf884d03b359ee2/v1/e9f0679b38178efd35c28c3536b05638.jpeg)
ABS Offshore Sustainability Insights Industry and Market Trends by American Bureau of Shipping (ABS) - Issuu
![Cap-And-Trade Auction Update and GGRF Projections](https://image.isu.pub/230418133136-0f145026de519b8da25280382967105f/jpg/page_1_thumb_large.jpg)
ABS Offshore Sustainability Insights Industry and Market Trends by American Bureau of Shipping (ABS) - Issuu
![Cap-And-Trade Auction Update and GGRF Projections](https://img.shangyexinzhi.com/xztest-image/article/065b578a6c3a14ffd1a486deeeee8d94.jpeg?x-oss-process=image/resize,w_670)
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