EnergyReaderER.io
EnergyReader · 2026-08-02 18:58

California Cap-and-Invest Claims $36.2 Billion in Climate Revenue as Rule Changes Threaten Future Auction Income

By EnergyReader Newsroom ·
A report from the California Air Resources Board, released Thursday (2026-07-30), puts cumulative revenue from the state's Cap-and-Invest carbon program at $36.2 billion since its 2013 launch. The number is significant. It is also backward-looking, and the program it describes has since been substantially revised in ways that cast doubt on whether that revenue trajectory continues.
This piece has moved into our archive. We keep the full historical record — pricing, storage, weather, positioning — for our own research, and license access to it separately. Contact us about archive access →
Share
What to watch Track the live series behind this story — history, latest readings and our coverage.
Get this in your inbox
Daily briefings for commodity traders
Subscribe