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Experts push for targeted wildfire and grid investments; CARB and lawmakers weigh GGRF use
Summary
Witnesses at the committee hearing urged the Legislature to consider directing cap‑and‑trade funds toward wildfire risk reduction and targeted infrastructure spending to reduce long‑term ratepayer costs, with debate over undergrounding, home hardening and whether GGRF is appropriate funding for such measures.
Multiple witnesses told the Joint Legislative Committee that wildfire risk is a major driver of costs facing California ratepayers and residents, and argued the state should consider shifting how some cap‑and‑trade (GGRF) dollars are deployed to lower overall long‑term costs.
Stanford’s Michael Wara and other witnesses illustrated that costs linked to adapting the energy system to wildfire risk — including distribution upgrades, undergrounding and other utility mitigation actions —…
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