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Comment 16 for 2013 Investment Plan for Cap-and-Trade Auction Proceeds (2013investmentpln-ws) - 1st Workshop.
First Name: Mike
Last Name: Sandler
Email Address: mike@carbonshare.org
Affiliation: CarbonShare.org
Subject: Dividends for Transportation and Indirect Costs
Comment:
Regarding the investment of Cap-and-Trade auction proceeds, the best use of revenues is returning them to the public through a dividend. Although rebates are already being contemplated for the electricity sector, consumers will be facing additional costs in the industrial and transportation sectors as well as indirect costs from other goods and services that are passed through as energy costs rise. Transportation fuels will enter the program in 2015, causing a very visible hit to consumers' pocketbooks. The best way to defuse the resulting potential political backlash is to include a dividend for transportation sector and indirect costs in the Investment Plan. Please see the attachment for additional comments.
Attachment: www.arb.ca.gov/lists/2013investmentpln-ws/22-commenttoarb2-22-13sandler.pdf
Original File Name: CommenttoARB2-22-13Sandler.pdf
Date and Time Comment Was Submitted: 2013-02-22 07:20:27
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