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In addition to my previous comments, I would like to see CARB
conduct educational sessions to allow citizens to better
understand the pros and cons of carbon taxes/fees vs. a cap and
trade system, and subsequently, allow for an extended comment
period to make our voices heard.

The Congressional Budget Office's analysis found a taxation system
to be a better fit for reducing GHGs: "...any long-term
emission-reduction target could be met by a tax at a fraction of
the cost of an inflexible cap-and-trade program. That cost savings
stems from the fact that a tax could better accommodate cost
fluctuations while simultaneously achieving a long-term emission
target." Thus, it seems prudent to opt for more education and
information before proceeding, as we need to better grasp our
options and choose the one best suited to reach our goal of
reducing GHG emissions.

Thank you

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Date and Time Comment Was Submitted: 2008-08-01 19:54:26