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1. ww2.arb.ca.gov › our-work › programsCap-and-Trade Program | California Air Resources Board

   ww2.arb.ca.gov › our-work › programs

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   Feb 28, 2011 · The Cap-and-Trade Program is a key element of California’s strategy to reduce greenhouse gas emissions. It complements other measures to ensure that California cost-effectively meets its goals for greenhouse gas emissions reductions. The next auction will be held on May 15, 2024. Events and deadlines. Current, past, and rulemaking documents.

   • Resources

     California State Plan for Compliance with U.S. EPA’s...

   • Allowance Allocation

     Overview CARB distributes allowances to the Cap-and-Trade...

   • Auction Information

     Joint Greenhouse Gas Allowance Auctions. Auction Notices are...

   • Program Data

     The California Air Resources Board (CARB) provides a wide...

   • Guidance & Forms

     Topics Compliance and TransfersCITSS User Registration and...

   • Program Linkage

     At the same time, CARB proposed amendments to the...

   • FAQ Cap-and-Trade Program

     Studies tracking a relationship between implementation of...

2. lao.ca.gov › Publications › ReportCalifornia’s Cap-and-Trade Program: Frequently Asked Questions

   lao.ca.gov › Publications › Report

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   Oct 24, 2023 · In recent years, cap-and-trade auctions have raised between $3 billion and $4.3 billion per year. Multiple factors influence revenues—including interest in purchasing allowances from outside investors, confidence in the longevity of the program, and the balance of supply versus demand for allowances.

3. People also ask

   What is California's cap-and-trade program?

   • The Cap-and-Trade Program is a key element of California’s strategy to reduce greenhouse gas emissions. It complements other measures to ensure that California cost-effectively meets its goals for greenhouse gas emissions reductions. The next auction will be held on May 15, 2024. Events and deadlines Current, past, and rulemaking documents

   Cap-and-Trade Program | California Air Resources Board

   ww2.arb.ca.gov/our-work/programs/cap-and-trade-program

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   Does California have a cap and trade program?

   • To improve how the state addresses air quality, the California Legislature in 2017 included in its extension of cap and trade a program to further reduce local air pollution. *Premier Doug Ford announced in June 2018 his intention to end cap and trade.

   California’s cap-and-trade program step by step

   www.edf.org/sites/default/files/californias-cap-and-trade-program-step-by-step.pdf

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   Who benefits from California's cap-and-trade program?

   • Californians are benefitting. California’s cap-and-trade program is directly benefitting residents through climate investments from auction revenues, new clean energy jobs, and local air quality initiatives.

   California’s cap-and-trade program step by step

   www.edf.org/sites/default/files/californias-cap-and-trade-program-step-by-step.pdf

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   Does California's cap-and-trade program reduce emissions?

   • While it is difficult to establish causality between emissions reductions and any specific policy or market condition, at least some of this reduction can likely be attributed to California’s cap-and-trade program, which covers about 85 percent of the state’s emissions and invests billions of dollars in emission reducing projects.

   California Cap and Trade - Center for Climate and Energy

   www.c2es.org/content/california-cap-and-trade/

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4. www.resources.org › common-resources › californiaCalifornia Cap and Trade Explained - Resources for the Future

   www.resources.org › common-resources › california

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   Aug 10, 2022 · California Cap and Trade Explained. California’s cap-and-trade program limits carbon emissions, creates a market for tradable emissions credits, and funds decarbonization projects. The program’s history, successes, and lessons learned can help similar programs elsewhere succeed. More than a decade ago, an innovative emissions trading system ...

5. www.edf.org › sites › defaultCalifornia’s cap-and-trade program step by step

   www.edf.org › sites › default

   California’s cap-and-trade program is directly benefitting residents through climate investments from auction revenues, new clean energy jobs, and local air quality initiatives. California emissions and economic growth since 2006

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     California cap and trade program: How it works

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     California Cap-and-Trade Program: Examples of Data Uses & Overview of Publicly Available Information

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     California Cap and Trade Explained

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7. www.c2es.org › content › california-cap-and-tradeCalifornia Cap and Trade - Center for Climate and Energy ...

   www.c2es.org › content › california-cap-and-trade

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   California’s cap-and-trade program, launched in 2013, is among a suite of major policies the state is using to lower its greenhouse gas emissions. California’s emissions trading program is the fourth largest in the world, following the cap-and-trade programs of China, the European Union, and the Republic of Korea.

8. ww2.arb.ca.gov › sites › defaultChapter 1: How Does the Cap and Trade Program Work?

   ww2.arb.ca.gov › sites › default

   The Cap-and-Trade Program is relies on data collected through the Mandatory Reporting of Greenhouse Gas Emissions Regulation (MRR) to identify major sources of greenhouse gas emissions in California. The MRR was originally adopted in 2007 and was updated in 2011 to meet the needs of the Cap-and-Trade Program. The MRR requires facilities, fuel ...