First Name | John & Sara |
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Last Name | Donnelly |
Email Address | donnellyj63@gmail.com |
Affiliation | |
Subject | Capandtrade 10 |
Comment | This week, CARB will vote on staff's recommendations for implementation of AB 32. Although many of these recommendations are sound, we believe others would mean big giveaways to industry - paid for by Californians and the environment. Because this legislation is a model for the nation, we need to get it right. Regarding the proposed Cap & Trade regulation, thank you for including a permit price floor starting at $10/ton. In the transportation fuels sector, we 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, we 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. |
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Original File Name | |
Date and Time Comment Was Submitted | 2010-12-14 15:17:04 |
If you have any questions or comments please contact Clerk of the Board at (916) 322-5594.