The board discussed the appointment of two new members to the Research Screening Committee to enhance expertise in economics and fire science. The meeting also included an informational update regarding the implementation of the Carbon Capture, Removal, Utilization, and Storage Program as mandated by Senate Bill 905. Discussions focused on the regulatory framework, multi-agency coordination with the California Natural Resources Agency and U.S. EPA, and the importance of scientific rigor and transparency in deploying carbon management technologies to achieve the state's carbon neutrality goals.
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The board discussed proposed amendments to the regulation for mandatory reporting of greenhouse gas emissions and amendments to the Cap-and-Invest Regulation. Key topics included the potential for environmental emissions leakage, the Manufacturing Decarbonization Incentive, Greenhouse Gas Reduction Fund revenue impacts, and utility allowance allocations to address affordability and electrification needs. The board also reviewed the impact of allocation methodologies on industry and utility sectors, and the broader goal of balancing emissions reductions with economic stability and public health benefits.
May 28, 2026·Board meeting
California Air Resources Board Public Meeting
The California Air Resources Board convened to discuss proposed amendments to the regulation for mandatory reporting of greenhouse gas emissions and the Cap-and-Invest Program, formerly known as the Cap-and-Trade Regulation. Key discussion topics included the alignment of the program with 2030 and 2045 climate targets, the implementation of legislative mandates, support for electricity affordability through the California Climate Credit, and the establishment of a Manufacturing Decarbonization Incentive allocation fund to accelerate on-site emission reductions at industrial facilities. The board also addressed market safeguard enhancements, the removal of excess allowances, and the transition of gas utility allocations to support electric utilities.
