The state Legislature and Governor are actively discussing proposals to reauthorize the Cap-and-Trade program and reform the market and expenditure program. SPUR believes that Cap-and-Trade is one of California’s most effective tools for reducing greenhouse gas (GHG) emissions and providing critical funding for sustainable transportation and transit-oriented affordable housing. This letter expresses support for reauthorizing the program and recommends reforms to the public transit funding programs under the Greenhouse Gas Reduction Fund (GGRF) umbrella. We urge the state to add flexibility so that there is more funding to meet the diversity of transit funding needs across the state, and greater predictability in operating funding from year to year, as well as specific ways to achieve those goals.

Assembly Bill 306 intends to improve housing affordability and make it easier for Los Angeles residents to rebuild after the LA fires. However, as written the bill may do the opposite by restricting any changes to building codes over the next six years and killing efforts to improve the building code that would save consumers and builders money. With more careful reforms to state building code, California can meet both its building sustainability and resilience goals and its housing affordability goals.