Employment Benefits from California Climate Investments and Co-investments

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Authors: J.R. DeShazo, Jason Karpman, Weilong (David) Kong, and Colleen Callahan

This report quantifies the jobs that are being supported by California Climate Investments within the State of California. Revenues from California’s Cap-and-Trade Program flow as investments into communities across California, particularly to disadvantaged communities affected by pollution and poverty. As directed by Assembly Bill (AB) 32 and AB 1532, these investments are designed to reduce greenhouse gases (GHGs) while providing environmental, public health, and economic benefits, and are collectively referred to as California Climate Investments. This report focuses on the statewide, program-specific jobs supported by appropriations for California Climate Investments from 2013 to 2016, along with the co-investment induced by the state’s contribution.

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