This page last reviewed November 3, 2014

AB 32 Funding and Common Carbon Cost 

For Fiscal Year 2014-15, the amount of funding is based on implementation expenses of $42 million.  For Fiscal Year 2013-14, the amount of funding collected was approximately $50 million. This amount included AB 32 implementation expenses of $40 million and about $10 million in loan repayment. For prior fiscal years the amount of funding collected was approximately $62 million each year.  These amounts include both AB 32 implementation expenses of about $35 million a year and about $27 million a year in repayment on program start-up loans.  

The Common Carbon Cost (CCC) is a uniform cost for each metric ton of CO2.  The CCC is calculated as the total amount of funding collected divided by the aggregate amount of CO2 emissions subject to the Regulation.

Reported emissions subject to the Regulation (approximately 80 percent of statewide CO2 emissions) were about 350-370 million metric tons of carbon dioxide annually from 2008 through 2012.  The CCC ranged from $0.121 to $0.180 per metric ton of CO2 each year.  The following link provides for a breakdown of the historical CCC data and transportation fuel fee rates.  

AB 32 Cost of Implementation Fee Funding in the 2014-2015 Budget Act

Department Thousands
Air Resources Board $38,241
Department of Housing and Community Development $810
Environmental Protection Agency $591
State Water Resources Control Board $570
Department of Forestry and Fire Protection $559
Department of Resources Recycling and Recovery $549
Department of Public Health $349
Department of Water Resources $330
Totals $41,999

For questions, please contact:
David Mallory at (916) 445-8316