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I agree with setting a limit that declines each year, and setting a
minimum price on carbon pollution. This steady price signal will
help businesses make long-term investments in strategies to reduce
global warming emissions. 

But, I believe that the program needs to be strengthened by
requiring more of the state’s largest polluters pay for their
global warming emissions instead of giving permits away for free.
By forcing polluters to pay for the emissions they generate by
purchasing permits in an auction, we can then re-invest the auction
funds into efforts that will help us transition to a cleaner
economy and help lower energy costs for Californians—such as making
homes and businesses more energy efficient, increasing public
transit options, and developing wind and solar projects in
California.