Governor Gavin Newsom has signed a California Chamber of Commerce-supported bill that will improve accessibility of Greenhouse Gas Fund-eligible projects.
The bill, AB 1237 (Aguiar-Curry; D-Winters), improves accessibility to Greenhouse Gas Fund-eligible projects and ensures transparency by requiring that each agency clearly post on its website eligibility criteria, application timelines, information on technical assistance, and contact information.
California’s industry-leading cap-and-trade auction has generated more than $8 billion in funding to state agencies for emission reduction programs and projects. AB 1237 builds on AB 398 (E. Garcia; D-Coachella; Chapter 135, Statutes of 2017), which established spending priorities, but left the agencies with flexibility in how to determine appropriate projects.
Increased transparency and accessibility is consistent with AB 398’s mandate and benefits all members of the public.