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Comment 2 for 2013 Investment Plan for Cap-and-Trade Auction Proceeds (2013investmentpln-ws) - 1st Workshop.
First Name: Greg
Last Name: Watkins
Email Address: greg@carbconsultinc.com
Affiliation: CARBON CONSULTANTS, INC.
Subject: INVESTMENT PLAN FOR AUCTION PROCEEDS
Comment:
We believe the investment plan should include leveraging private developers investment into more projects. The number of APPROVED METHODOLOGY STANDARDS must be expanded from the restricted 7 and should match those in the Voluntary Carbon Standard and Compliance carbon worlds. We are developing a 76,000 acre AFFORESTATION project using HDSR (high density short rotation)Megaflora trees that will provide a sustainably harvested fuel supply of 6,000,000 trees a year while maintaining a 10,000,000 tree / ton carbon sink per year. The trees will be turned into bio-diesel with a 70% reduced footprint over standard diesel, and renewable electricity, creating VCUs, and if I wheel some power to Mexico, CERs. Investment proceeds should be used in the registration of these offset projects that creates the carbon credits that can be forward traded at a discount to provide equity for equipment and project financing. The State needs to leverage this market mechanism, participate in the carbon flow, creating a sustainable fund.
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Date and Time Comment Was Submitted: 2013-02-01 11:28:14
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