| First Name | William |
|---|---|
| Last Name | Carney |
| Email Address | williamcarney@comcast.net |
| Affiliation | |
| Subject | Cap & Dividend |
| Comment | Dear CARB, Bravo to California for providing strong leadership on a full range of carbon reduction measures. Regarding the proposed Cap & Trade regulation, thank you for including a permit price floor starting at $10/ton. In the transportation fuels sector, I support the upstream point of regulation and auctioning 100% of permits. In the industrial sector, the free allocations are excessive and should be reduced. In the electricity sector, the final regulation should direct utilities to protect ratepayers by returning allowance value directly to residential customers as a rebate check. Finally, 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 check. Sincerely, William Carney, President Sustainable San Rafael |
| Attachment | |
| Original File Name | |
| Date and Time Comment Was Submitted | 2010-12-13 20:45:15 |
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