First Name | Janet |
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Last Name | Beazlie |
Email Address | jbeazlie@yahoo.com |
Affiliation | |
Subject | capandtrade10 |
Comment | Please do not give away carbon credits to carbon sources (polluters). Credits should be auctioned or bought. Europe's system is a cautionary tale of setting the carbon price too low and giving away credits. A limited role for offsets may necessary in the beginning, but the ability to offset carbon pollution must be very limited or greenhouse gases will not be cut significantly. For the system to succeed, carbon must be priced high and priced ever higher during the years following. Credits must be bought by those who are considered the pollution sources (often power companies). Offsets must be allowed sparingly and less allowed every year. A Cap and Dividend system is a more socially just system which allows all people to cover their higher energy prices with the regular dividend collected through the sale of credits. To give credits away keeps money from the ratepayers and from clean energy research and development. Please do not weaken your plan to suit polluters. We, the people of California, will pay for the delay of an effective plan with our childrens' future. |
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Original File Name | |
Date and Time Comment Was Submitted | 2010-12-13 13:08:14 |
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