Tag: 2021 Budget

Cap-and-Trade Continues to Achieve Early Carbon Emissions Reductions While Generating Revenues for Climate and...

As expected, auction results from California’s market-based cap-and-trade program have stabilized, allowing the state to propose an expenditure plan consistent with past years’ levels....

State Expects to Receive Surplus Revenue, But Sees Deficits on the Horizon

Despite enjoying a record $34 billion budget surplus and prudent reserves from burgeoning but one-time tax revenues, California budget officials expect to see fiscal...

Governor’s Budget Proposes Economic Relief, No New Taxes

Nobody would have been surprised if Governor Gavin Newsom had presented his new state budget wearing a neck brace. The whiplash from budget boom...