Americas > Compliance Markets & Taxes > California faces $1.8 bln funding gap as cap-and-trade revenues fall short -report

California faces $1.8 bln funding gap as cap-and-trade revenues fall short -report

Published 01:36 on December 10, 2025 / Last updated at 01:36 on December 10, 2025 / / Americas (Compliance Markets & Taxes, US & Canada)

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California's Legislature could face difficult choices as previous commitments exceed available Greenhouse Gas Reduction Fund (GGRF) revenues by over $1.8 billion, according to a report published Monday.
California's Legislature could face difficult choices as previous commitments exceed available Greenhouse Gas Reduction Fund (GGRF) revenues by over $1.8 billion, according to a report published Monday.


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