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Priorities for California’s Economy

By Sarah Bohn, Vicki Hsieh, Marisol Cuellar Mejia, Jenny Duan ...

Though California faces considerable economic uncertainty, it also has tremendous potential to overcome the obstacles ahead. Practical policy solutions to promote a robust, resilient economy should build on the skills, diversity, and innovation of Californians.

Report

Policies for Creating and Keeping Jobs in California

By David Neumark, Emma Wohl

State efforts to spur job creation include 21 programs ranging from tax credits to worker training. Three policies offer strong evidence indicating they create jobs or increase employment in California. New programs—and programs with weak evidence—need to have built-in features that allow deeper evaluation.

Report

A Hiring Incentive that Works: The California Competes Tax Credit

By David Neumark, Matthew Freedman, Benjamin Hyman, Shantanu Khanna

Established in 2013, the California Competes Tax Credit (CCTC) boosts firm employment and payroll growth within California by as much as 30 percent within three years. This growth benefits a wide range of workers and is greater in parts of the state with higher levels of poverty and unemployment.

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Are Carbon Offsets Actually Working?

By Sarah Bardeen, Caitlin Peterson

In a world that urgently needs to reduce greenhouse gas emissions, carbon offsets have emerged as one possible solution. We asked PPIC adjunct fellow Van Butsic, a cooperative extension specialist at UC Berkeley who recently studied offsets for a carbon management firm, to tell us more.

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Stewarding California’s Wet Years

California has made great strides in preparing for a drier, hotter future, but it remains a challenge to harness the bounty of wet years while also reducing flood risk. How did California’s water sector manage the unusually wet conditions of the 2023 water year—and what lessons can we glean for the future? We speak with three panels of experts to find out.

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