California’s carbon-pricing program generated $36.2B for climate initiatives: report

California's Cap-and-Invest program has generated $36.2 billion for climate investments since 2013, with $15.5 billion already deployed across 122 programs, 76% of which target disadvantaged communities. The program aims to reduce emissions and has already driven reductions worth 130.5 million metric tons of carbon dioxide equivalent, while also delivering $44.4 billion in cost savings.

https://www.utilitydive.com/news/california-carbon-pricing-program-generated-362b-for-climate-initiatives-carb/826598/