Board Member Report: February 12, 2024
Contact
Please see below for upcoming public events for the week of February 12, 2024.
Public Workshop on the Cap-and-Trade Auction Proceeds Fifth Triennial Investment Plan: On February 15 via remote access, CARB will host a public workshop on the development of the Cap-and-Trade Auction Proceeds Fifth Triennial Investment Plan. Every three years, the Department of Finance, in consultation with CARB and other State agencies, submits an investment plan to the Legislature to guide the investment of Cap-and-Trade auction proceeds. The Fifth Triennial Investment Plan will cover Fiscal Years 2025-26 through 2027-28 and is due to the Legislature in January 2025. Throughout 2024, CARB will work with the Department of Finance, other State agencies, and interested parties to identify priority investments to recommend for the Investment Plan. Investment recommendations do not guarantee funding but provide guidance to the Legislature on potential funding priorities. The public will have the opportunity to learn more and share input on investment priorities for consideration.