The cost of living is rising across California – and wildfires and other extreme weather events are only adding to the strain on our families and communities.

We need smart solutions that protect our communities and help lower everyday costs. One of California’s most powerful tools to reduce the state’s emissions and generate revenue for critical public investments is the state’s Cap-and-Invest program.

What is Cap-and-Invest?

Cap-and-Invest is a simple idea: companies that produce a lot of climate pollution should have to pay for it. By charging big corporate polluters for burning dirty fossil fuels, Cap-and-Invest reduces pollution while generating funds to clean the air, fight wildfires, and lower electricity bills.

Over time, the program “cap” gets lower, reducing how much polluters are allowed to burn, and eventually driving that amount to zero — enabling California to transition to a completely clean energy economy.

Why It Matters Now

Lawmakers just signed AB 1207, a landmark climate bill to extend and strengthen the Cap & Invest program for the next 20 years! The program reauthorization will help reduce California’s pollution while generating billions of dollars for climate spending across the state. 

Extending and strengthening Cap-and-Invest means:

• A stronger cap on pollution
• More funding for wildfire protection and community resilience
• Investments that help lower long-term electricity and other costs for Californians

Cap-and-Invest is not only central to California’s modernization as we transition away from fossil fuels – but it is also a  key driver of economic opportunity and environmental protection across the state.