AB 1030, as introduced, Ridley-Thomas. California Global Warming Solutions Act of 2006: Greenhouse Gas Reduction Fund.
The California Global Warming Solutions Act of 2006 establishes the State Air Resources Board as the state agency responsible for monitoring and regulating sources emitting greenhouse gases. The act authorizes the state board to include the use of market-based compliance mechanisms. Existing law requires all moneys, except for fines and penalties, collected by the state board from the auction or sale of allowances as part of a market-based compliance mechanism to be deposited in the Greenhouse Gas Reduction Fund and to be available upon appropriation by the Legislature. Existing law requires the Department of Finance, in consultation with the state board and any other relevant state agency, to develop, as specified, a 3-year investment plan for the moneys deposited in the Greenhouse Gas Reduction Fund.
This bill would require a state agency that allocates moneys from the fund to prioritize projects that include project labor agreements with targeted hire goals, community workforce agreements that connect local residents to jobs or training opportunities, or partnerships with training entities that have a proven track record of placing disadvantaged workers in career-track jobs.
Vote: majority. Appropriation: no. Fiscal committee: yes. State-mandated local program: no.
The people of the State of California do enact as follows:
The Legislature finds and declares all of the
3(a) With the adoption of Assembly Bill 32 (Chapter 488 of the
4Statutes of 2006), Senate Bill 535 (Chapter 830 of the Statutes of
52012) and related climate policies, the state has led the nation in
6tackling climate change and ensuring that climate policies and
7investments help lift up our state’s most disinvested communities.
8(b) The revenue generated through the auction of carbon
9allowances provides an opportunity to promote triple bottom line
10investments that tackle our climate crises, grow our economy, and
12(c) The growth rate of green jobs is significantly faster than that
13of all other jobs nationwide, and the majority of this job growth
14is in California, making the state a national and international leader
15in green jobs.
16(d) Green jobs are accessible to people with a variety of
17educational attainment and, on average, offer a higher median
18wage and better opportunities for career advancement. Preparing
19and connecting disconnected youth and disadvantaged workers to
20these jobs is critical to ensuring these jobs support a future of
22(e) It is the intent of the Legislature to ensure that investments
23made through the Greenhouse Gas Reduction Fund, created
24pursuant to Section 16428.8 of the Government Code, continue to
25support the growth of the diverse green jobs sector in the state,
26increase access to green jobs for disconnected youth and other
27disadvantaged workers, and support workforce training
28opportunities that create a pathway for disadvantaged workers to
29enter the green jobs sector.
Section 39715.5 is added to the Health and Safety
31Code, to read:
A state agency that allocates moneys from the fund
33pursuant to this chapter shall prioritize a project that includes any
34of the following:
35(a) Project labor agreements with targeted hire goals.
P3 1(b) Community workforce agreements that connect local
2residents to jobs or training opportunities.
3(c) Partnerships with training entities that have a proven track
4record of placing disadvantaged workers in career-track jobs.