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Comment 296 for California Cap-and-Trade Program (capandtrade10) - 45 Day.

First NameRobert
Last NameMeans
Email Addressrob.means@electric-bikes.com
AffiliationSustainable Habitat
Subject"cap and trade" vs. "cap and dividend"
Comment
These comments address your plans for a "cap and trade" strategy
for dealing with CO2 emissions.  

Cap and trade is fundamentally flawed because it rewards the
state's biggest polluters by giving them (corporate welfare?)
credits that the consumers must ultimately pay for and that Wall
Street tycoons can trade for huge profits.  

A far better approach to reducing CO2 emissions and supporting our
economy (i.e. putting money into the hands of people that will
spend it) is cap and dividend.  By charging the corporations for
the opportunity to pollute and dispersing that money to the
citizens of this state, we put power into the hands of consumers to
choose alternatives.

For more details, see http://www.capanddividend.org/

Rob Means, Electro Ride Bikes and Scooters
408-262-8975    rob.means@electric-bikes.com
1421 Yellowstone Ave., Milpitas, CA 95035-6913
Discover cycling that's Easy, Safe, Fast - and FUN!
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Date and Time Comment Was Submitted 2010-12-10 11:35:32

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