Joint Legislative Committee on Climate Change Policies, Monday, February 23, 2026

Joint Legislative Committee on Climate Change Policies (California Legislature) · February 23, 2026

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Opening and purpose of hearing

Presentation

1:37 → 3:33(1m 56s)

Committee co-chairs opened the joint legislative hearing to review CARB's proposed amendments to the reauthorized Cap and Invest program (AB 12 o 7, SB 8 40), framing the session as complementary to CARB's rulemaking and public comment period; invited Senator Stern for opening remarks.

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Joint legislative committee hearing on CARB's proposed amendments to California's Cap and Invest (formerly cap-and-trade) program, focused on implementation of AB 12o7 and SB 8 40, with extended discussion on utility allocations, industrial leakage risk, carbon removal and timeline for rule adoption.

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Transcript

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