The California Air Resources Board (CARB) has approved significant revisions to California’s Cap-and-Invest program, extending the state’s carbon market framework through 2045 while reshaping how billions of dollars in emissions allowances will be distributed.

California's independent oil producers scored another significant legislative victory this week as AB 2711 (Ellis) Floor Vote Results passed the State Assembly by a bipartisan 47-4 vote, with 29 members not voting.

The California Independent Petroleum Association (CIPA) achieved one of the more improbable legislative victories of the 2026 Session this week as its sponsored legislation, AB 2716 (Avila Farias), successfully passed the State Assembly and now advances to the California Senate.

CIPA’s sponsored bonding reform measure, AB 2716 by Assembly Member Anamarie Ávila Farías, is now eligible to be taken up on Third Reading on the Assembly Floor and is expected to come before the Assembly this week ahead of the House of Origin deadline.

Support for CIPA-sponsored AB 2716 (Avila Farías) continues to expand as local government officials directly responsible for property tax administration are now weighing in on the bill's importance.