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Comment 577 for California Cap-and-Trade Program (capandtrade10) - 45 Day.

First NameJoan
Last NameLinney
Email Addressjoan_linney@ymail.com
Affiliation
Subjectask a fair price for carbon emissions
Comment
I am a strong supporter of the "CLEAR Act" that was proposed this
year at the National level.  Taxing fossil fuels at the source
mimics the effect of reduced supplies which will drive up prices in
the foreseeable future.  It  would use the market to change the
choices we make regarding energy use, while providing a revenue
stream to accelerate implementation of non-carbon energy sources. 
Best of all,  it provides a revenue stream to consumers, allowing
them to"vote with their dollars".  This will soften the blow of
increasing energy prices on our economy, while allowing us to adapt
to that reality. 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; very similar to the recommendations of the
CLEAR Act.
I am concerned about what appears to be a "give-away" in the
industrial sector.  The EU made the mistake of giving away too much
in free allocations, and as a result, have yet to see significant
changes from that sector. Please do not make the same mistake. 
Climate Chaos is real, and it is up to California to lead the world
in making some real changes in line with the gravity of this
threat.

Attachment
Original File Name
Date and Time Comment Was Submitted 2010-12-14 11:53:16

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