Comment Log Display

Dear CARB,

California has a unique opportunity to lead and innovate with AB32
regulation.  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.  

The proposed Cap & Trade regulation should be commended for
auctioning 100% of the permits for the transportation fuels.  I
strongly encourage you to take the same approach with electricity
and other sectors, and provide these revenues as dividends to
consumers as well.  

Providing dividends to every California resident will require some
extra logistical and public education work, but California is a
pioneering state and California is the place where this type of
democratic innovation is most likely to succeed.  Please set the
example for the rest of the world by introducing substantial
dividends as part of the Cap & Trade regulation.  

Sincerely,

John Canfield
San Carlos, CA