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Old Posted Jun 16, 2021, 11:59 PM
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electricron electricron is offline
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Quote:
Originally Posted by numble View Post
Your math is wrong. Pretty sure you confused what CAHSR actually receives on average from the cap-and-trade program (the 25% of cap-and-trade funding that CAHSR gets each year has averaged $534 million) with what the total cap-and-trade program receives.
There was $916 million in revenue in just the most recent quarter. Far higher than your estimate of $534 million average for the whole year.
https://lao.ca.gov/LAOEconTax/Article/Detail/659

CAHSR reports they have received $3.7 billion in cap-and-trade funding up to February 2021, far higher than your estimate of $801 million.
https://hsr.ca.gov/wp-content/upload...iness_Plan.pdf


They estimate receiving $500-$700 million per year from cap-and-trade funds, far higher than your estimate of $133.5 million.
I used for my sources of data, which didn't include all the recent data from 2020 and 2021. So sorry.
https://www.kqed.org/science/1965124...educed-revenue
But I would like to point out that revenue chart in your reply excludes very, very poor data from 2016 and 2017, starting in 2018 >> just ignore the bad data to make your averages look better.
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