This page last reviewed November 13, 2012

AB 32 Funding and Common Carbon Cost 

Based on the Budget Act for fiscal years 2010-11, 2011-12, and 2012-13 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 a $27 million a year in repayment on program start-up loans.  Next fiscal year (2013-14) the remainder of the start-up loans will be paid off.  

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

Reported emissions subject to the Regulation (approximately 80 percent of statewide emissions) were about 350-370 million metric tons of carbon dioxide annually from 2008 through 2010.  Therefore, the CCC was about $0.17 to $0.18 per metric ton of carbon dioxide, each year.

AB 32 Cost of Implementation Fee Funding in the 2012-2013 Budget Act

Department	Thousands
Air Resources Board	$33,291
Environmental Protection Agency	$586
Department of Resources Recycling and Recovery	$496
Department of Public Health	$348
State Water Resources Control Board	$555
Department of Water Resources	$316
Department of Housing and Community Development	$115
Department of Forestry and Fire Protection	$290
Totals	$35,997

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