California Cap-and-Invest Program February 2026 Joint Auction #46 California Post Joint Auction Public Proceeds Report

Summary

California's Cap-and-Invest Program, operated jointly with Québec, addresses greenhouse gas emissions through a market-based mechanism. This report details the financial proceeds from the February 2026 Joint Auction #46, where allowances were sold to incentivize emissions reductions. The auction generated over $919 million USD for California's Greenhouse Gas Reduction Fund, contributing to a cumulative total exceeding $35 billion USD for climate initiatives.

Key Facts

Source Document

https://example-government.gov/policy-document-link