Comment Log Display

While I appreciate the effort and thoroughness that went into the
proposed regulations, I suggest that there is a simpler, more
efficient, and fairer method for reducing GHG emissions in
California--carbon fee and dividend.  A fee and dividend system
would set gradually increasing fees on fossil fuels and other
sources of GHG at the point of production or import.  Then ALL the
revenues from these fees would be returned to each household in the
state.  This would be the most efficient way of reducing GHG's in
California because it would be simple to implement, not subject to
manipulation, and provide predictable fuel prices.  As these many
pages of regulations (and the 2000+ page federal cap and trade
legislation that failed in Congress last year) attest,  cap and
trade is complicated.  Fee and dividend would require far less
regulation to implement and explain--set a price on carbon fuels
and designate an authority to collect it.  Nor would fee and
dividend permit interpretive battles over offsets.  Finally and
most importantly, it would be predictable.  A fixed and steadily
rising price on fossil fuels and GHG would help businesses plan
future expenses and encourage entrepreneurs to innovate alternate
energy sources and consumers to purchase them, while protecting the
poor from fuel and heating price increases.  Because dividends
would be returned to the people this approach should be acceptable
to politicians of all parties.  Thank you for this opportunity to
share my views.  Respectfully submitted,  John Fioretta