| First Name: | Peter |
|---|---|
| Last Name: | Fiekowsky |
| Email Address: | pfieko@gmail.com |
| Affiliation | Citizens' Climate Lobby |
| Subject | Gradually increasing carbon tax will be effective & simple |
| Comment |
CCL did a study of a California carbon tax, starting at $10/ton and increasing $10/ton per year at least for 20 years. It provides an $18 billion GDP increase, 300,000 new jobs, $2500 annual income increase for the two lowest income quintiles, and a 31% reduction in emissions after 20 years. This is a better result than any proposed cap and trade, both in terms of emissions and in economics. It is easier to implement, since we already have gas and utility taxes. Businesses like it a lot because it gives them predictability so they can plan their capital spending. Please view the study at: https://drive.google.com/file/d/0B6bBWZVVTmXHSXFCc3VTTWo1bjA/edit?usp=sharing It was completed in March 2014. |
| Attachment |
Original File Name:
Date and Time Comment Was Submitted: 2014-03-18 15:28:31 |
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