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Regarding the investment of Cap-and-Trade auction proceeds, the
best use of revenues is returning them to the public through a
dividend.  Although rebates are already being contemplated for the
electricity sector, consumers will be facing additional costs in
the industrial and transportation sectors as well as indirect costs
from other goods and services that are passed through as energy
costs rise. Transportation fuels will enter the program in 2015,
causing a very visible hit to consumers' pocketbooks.  The best way
to defuse the resulting potential political backlash is to include
a dividend for transportation sector and indirect costs in the
Investment Plan.

Please see the attachment for additional comments.

Original File Name: CommenttoARB2-22-13Sandler.pdf

Date and Time Comment Was Submitted: 2013-02-22 07:20:27