This page last reviewed September 30, 2016
California Climate Investments
- ARB Releases California Greenhouse Gas Reduction Fund Project Map
- 2016 Annual Report to the Legislature, Project List , and Geographic Breakdown
- California Climate Investment documents now available in multiple languages
- CDFA SWEEP and DWR Joint Project Releases Draft Guidelines and Proposal
Solicitation Package - Public comment period open through September 30
- DWR Water-Energy Grant Application Assistance Workshop - October 3 - Riverside
- CSD Releases Amended FY 2014-15 Low-Income Weatherization Program (LIWP)
Guidelines - September 29
- CSD Public Hearing on Draft FY 2015-16 LIWP Guidelines - October 7 - Sacramento
- Caltrans FY16/17 LCTOP Guidelines Workshops
October 12 - Irvine
October 13 - Fresno
October 18 - Sacramento
October 20 - Oakland
- ARB Public Meeting to consider the Funding Plan for Low Carbon Transportation and Fuels Investments and the Air Quality Improvement Program - October 20 - Fresno
- Provide feedback on the FY2015-16 SALC Program Guidelines and application process - Comments due by October 21
- DWR Releases Water-Energy Grant Guidelines and PSP for 2016 - Applications due by November 7
Background and Resources
ARB Guidance for Agencies
What are Cap-and-Trade Auction Proceeds?
AB 32, the Global Warming Solutions Act of 2006, directed ARB to address climate change using multi-year programs to reduce greenhouse gas (GHG) emissions. ARB has adopted a Scoping Plan that describes the approach California will take to reduce GHG emissions and achieve the goal of reducing emissions to 1990 levels by 2020.
The Cap-and-Trade Program, a key element of the Scoping Plan, began in 2012. A portion of the GHG emissions permits (allowances) established by the Cap-and-Trade Program are sold at quarterly auctions and reserve sales. The Legislature and Governor appropriate proceeds from the sale of State-owned allowances for projects that support the goals of AB 32. Strategic investment of these proceeds furthers the goals of AB 32 by reducing GHG emissions, providing net GHG sequestration, and supporting the long-term, transformative efforts needed to improve public and environmental health and develop a clean energy economy.