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California Lawmakers' Competing GHG Budget Plans May Slow Adoption

May 15, 2018
Competing lawmaker and stakeholder group proposals to allocate $1.3 billion generated by California's greenhouse gas cap-and-trade allowance auctions could require several months of negotiations to resolve, jeopardizing the Brown administration's goal to approve a spending plan by a June 15 deadline to pass the overall fiscal year 2018-19 budget. “The Assembly and governor want to do the Greenhouse Gas Reduction Fund [GGRF] budget in June, but it’s not clear that the Senate wants that, or that it will happen. No...


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