California carbon-pricing program raises $36.2B for climate initiatives

California's Cap-and-Invest program has generated $36.2 billion since inception, with $15.5 billion deployed toward clean air, energy efficiency, and emissions-reduction projects funded through carbon permits required from power plants and

First covered Jul 30, 2026 · 8:37 AM PT · 1 article

Coverage

5h Utility Dive California’s carbon-pricing program generated $36.2B for climate initiatives: report — The Cap-and-Invest program deployed $15.5 billion for projects focused on clean air, energy efficiency and emissions reductions.

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esgdive.com California’s carbon-pricing program generated $36.2B for climate initiatives: report | ESG Dive

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ww2.arb.ca.gov California dedicates nearly $33 billion to climate solutions, using money from the Cap-and-Trade Program | California Air Resources Board

Appeared in: 2026-07-30 (#4)

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