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Comment 17 for 2013 Investment Plan for Cap-and-Trade Auction Proceeds (2013investmentpln-ws) - 1st Workshop.
First Name: James E
Last Name: Vann
Email Address: james.vann@gmail.com
Affiliation: Oakland Tenants Union
Subject: Cap and Trade Auction Revenue Proposal
Comment:
Cap & Trade revenue should be devoted to Building and Preserving Affordable Homes Near Transit: Affordable TOD as a Greenhouse Gas Reduction and Equity Strategy." Allocating cap and trade revenue funding for transit-oriented development is a proven greenhouse gas (GHG) reduction strategy. According to CHPC, there is strong evidence that building and preserving affordable homes near transit will allow California to achieve substantial reductions in greenhouse gas emissions. The report also highlights that investing only in transit would cause displacement of low-income households.
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Date and Time Comment Was Submitted: 2013-02-22 08:52:46
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