First Name | Emily |
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Last Name | Bockmon |
Email Address | ebockmon@gmail.com |
Affiliation | |
Subject | Revenue-neutral Fee and Dividend |
Comment | I applaud the efforts of the ARB and appreciate the steps CA has taken toward a responsible energy policy. The scoping plan put forth by ARB has many great elements that will continue to move the state toward reduced emissions. Unfortunately the scoping plan misses the mark in its support of developing a California cap-and-trade program. I urge the Board to consider a revenue-neutral carbon fee and dividend, rather than the currently proposed cap-and-trade system. We need action that will be effective immediately, and will be easy and cheap to implement. A carbon fee will have much lower implementation costs than cap-and-trade and will require less oversight in the years following. I believe it will have the additional advantage of being more effective at emissions reductions as well. The scoping plan already includes a similar fee to what is being suggested in the High Global Warming Potential Mitigation Fee. This measure will help better reflect, in their cost, the impact of otherwise relatively inexpensive but harmful chemicals. Carbon emissions could easily be treated in this same manner, as a chemical whose true costs are not currently being included in its cost to consumers. A carbon fee would help to accurately price carbon by acknowledging its climate change potential. By including a revenue neutral dividend that is directly returned to the people of California, there is no increased financial burden by the increased cost of energy. A revenue-neutral carbon fee and dividend will help us quickly, fairly and simply achieve our goal of reducing greenhouse gas emissions to 1990 levels by 2020. Thank you, Emily Bockmon |
Attachment | |
Original File Name | |
Date and Time Comment Was Submitted | 2011-07-28 08:51:48 |
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