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Comment 25 for California Cap-and-Trade Program (capandtrade10) - 45 Day.

First NameFrank
Last NameLossy
Email Addressftlossy322@comcast.net
Affiliation
SubjectProposed Cap and Trade regulation
Comment
Dear CARB,

Regarding the proposed Cap & Trade regulation, thank you for
including a permit price floor starting at $10/ton.   

In the transportation fuels sector, I support the upstream point of
regulation and auctioning 100% of permits.  In the industrial
sector, the free allocations are excessive and should be reduced. 
In the electricity sector, the final regulation should direct
utilities to protect ratepayers by returning allowance value
directly to residential customers as a rebate check.

Finally, I urge you to follow your expert economic panel’s
recommendation that “The largest share (roughly 75%) of allowance
value should be returned to California households...” in the form
of a dividend check.

Sincerely,

Frank T. Lossy, M.D. &  Barbara Steinberg, LCSW
96 Highland Blvd.
Berkeley, CA 94708
      

 


Attachment
Original File Name
Date and Time Comment Was Submitted 2010-11-27 01:09:50

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