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Comment 414 for California Cap-and-Trade Program (capandtrade10) - 45 Day.

First NameKent
Last NameMinault
Email Addressgetkent@roadrunner.com
Affiliation
SubjectA stronger global warming program
Comment
I'm very heartened by the decreasing emissions limits in the
proposed Global Warming Program.  Also putting a price on carbon
pollution will signal investors that there will be a cost to fossil
fuel development.  This principle should be applied throughout the
program, so that there is a price for polluters to pay all the way
down the line.  The high value of the allowances to be freely
distributed gives a permit to the biggest polluters and also
constitutes a gross form of corporate welfare.  The plan should
quickly move to 100% auctioning, and have the money be used to
subsidize the growing green energy industry in the state, which
will help it to become competitive with China and continue to
create decent jobs in the state

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Date and Time Comment Was Submitted 2010-12-11 08:52:26

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