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Dear ARB,

I appreciate being invited to express my views at this time.

It is my impresson that the broad plans and judgements you have
developed are sound ways of fostering a carbon emission reduction,
and I wish to commend that work.

However I believe that it would be preferable in a nuber of ways
for the body public if you would give further thought to the issue
of how the carbon caps you have developed should be enforced. 
Instead of trading of permits by means of auctions of unused
allowances, I would recommend a system of CAP AND DIVIDEND be
developed without permitting trading .  Instead I propose that all
penalties for exceeding allowances be assessed and collected by the
State of CA, and distributed to the citizenry of CA as a
dividends.

This would be more fair to the public, which will be paying
indirectly for the penalties anyway, in the form of higher energy
prices passed on to them by the energy producers.  And I believe it
would make the system more palatable to the citizenry.

Please let me know whether you are willing to consider such a
modification.

Thank you for the opportunity to be heard in connection with your
work-task.

Appreciatively,

Frank T. Lossy, M.D.