First Name | Marshall |
---|---|
Last Name | Saunders |
Email Address | mlsaun@aol.com |
Affiliation | Citizens Climate Lobby |
Subject | AB32 Cap and Trade |
Comment | Dear CARB, In 2006, I became alarmed about the climate and warming of the globe. In 2007, I began to be a strong proponent of Cap and Trade, urging my friends and partners in Citizens Climate Lobby to write to the Congress of the United States in support of Cap and Trade. I had not thought it through at that time and I was trusting "Big Green", that is to say, Environmental Defense Fund, Natural Resources Defense Council and Union of Concerned Scientists. However, the more I studied Cap and Trade, the more I began to realize that it is an unworkable scheme and I even believe it to be unfixable. It would create volatility in energy prices, would be complex, difficult to administer, and wide open for fraud and manipulation. I have read widely about Cap and Trade over the last four years and I'm convinced that especially the offset portion would be a shell game for big polluters and Wall Street traders. I have a strong fear that if California adopts a Cap and Trade scheme, other states would follow (trusting as I did) and real solutions to the climate crisis would be postponed a decade or more, time we certainly do not have. I urge you to employ a much simpler system of reducing greenhouse gases. That is to say, a Fee and Dividend whereby producers of fossil fuel, for example, would be charged a fee when the fossil fuel comes out of the ground or through a port of entry into California. All the revenue would be given to citizens of California. This would allow them to pay for increased energy costs. Fee and Dividend has the additional advantages of simplicity, comparative ease of administration, fairness, return of the increased energy prices to the people not the polluters, and the avoidance of an invitation for fraud. Sincerely, Marshall Saunders |
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Date and Time Comment Was Submitted | 2011-07-13 12:40:50 |
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