First Name | John |
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Last Name | Canfield |
Email Address | info@jcanfield.com |
Affiliation | |
Subject | Dividends for every Californian |
Comment | Dear CARB, California has a unique opportunity to lead and innovate with AB32 regulation. I 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. The proposed Cap & Trade regulation should be commended for auctioning 100% of the permits for the transportation fuels. I strongly encourage you to take the same approach with electricity and other sectors, and provide these revenues as dividends to consumers as well. Providing dividends to every California resident will require some extra logistical and public education work, but California is a pioneering state and California is the place where this type of democratic innovation is most likely to succeed. Please set the example for the rest of the world by introducing substantial dividends as part of the Cap & Trade regulation. Sincerely, John Canfield San Carlos, CA |
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Original File Name | |
Date and Time Comment Was Submitted | 2010-12-12 22:33:02 |
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