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Comment 716 for California Cap-and-Trade Program (capandtrade10) - 45 Day.

First NameNorm
Last NameBenson
Email Addressnorm@normbenson.com
Affiliation
SubjectAB 32
Comment
Cutting 100 percent of the world's CO2 emissions lowers CO2
emissions by a whopping 1.5 percent of the carbon cycle, because
the rest: 210 billion metric tons per year (Source: J Christy,
2002) comes from natural processes. So, how much of an affect would
cutting 100% of California's emissions have? Less than 0.15% This
is bad economics and bad policy.

It’s not about saving the world (except for the true believers)
it’s about money. Follow the incentives. Baptists and bootleggers,
true believers and the buck-seekers, have banded together to make
markets out of thin air with offsets or allowances. 

Attachment
Original File Name
Date and Time Comment Was Submitted 2010-12-15 10:37:11

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