First Name | Brad |
---|---|
Last Name | Kilger |
Email Address | brad.kilger@ci.benicia.ca.us |
Affiliation | City of Benicia |
Subject | City of Benicia Comment on CARB Auction Revenue Investment Plan |
Comment | On behalf of the City of Benicia, we respectfully support investing Cap-and-Trade Auction revenue in local governments. We appreciate that the Draft Cap-and-Trade Auction Proceeds Investment Plan (Investment Plan) lists local governments as eligible recipients for several of the potential funding categories; however, the City strongly supports a more clearly defined role for local governments because they are best suited to identify and implement projects to reflect local needs, leverage other funding, and achieve the greatest reductions in greenhouse gas (GHG) emissions. The Investment Plan should create a Local Emission Reduction Program for municipalities to access a portion of the funds generated from the Cap-and-Trade Auction. In addition to providing local governments grants for implementation of GHG reducing projects, the City of Benicia also requests that the Investment Plan include a mechanism to direct a majority of proceeds from covered entities within a local jurisdiction back to the municipality. We believe that the addition of a local government-directed return-to-source component of the Investment Plan will promote statewide sustainability by giving communities most affected by pollution opportunities to implement GHG reducing and energy efficiency projects that will create jobs and improve the economy. The City of Benicia respectfully requests that you consider this recommendation when finalizing the Investment Plan so that local governments can continue helping California meet AB 32 goals. |
Attachment | |
Original File Name | |
Date and Time Comment Was Submitted | 2013-04-24 09:37:54 |
If you have any questions or comments please contact Clerk of the Board at (916) 322-5594.