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Comment 62 for Proposed Amendments to the Cap-and-Trade Program (cap-trade-draft-ws) - 1st Workshop.
First Name: Bill
Last Name: Buchan
Email Address: buchan@mktpotential.com
Affiliation: Cardinal Cogen, Inc.
Subject: Limit Corporate Associations
Comment:
The draft requirements for corporate associations, direct associations, and indirect associations is overly burdensome to large, global entities and provides no real value to ARB. Large, global entities can have thousands of business units and subsidiaries across the globe, many of which will have no business in California or with the state’s cap and trade system. Providing this information is difficult to amass for such organizations and provides no beneficial, actionable data to ARB. Direct associations ought to be limited to other covered entities in California. Indirect associations ought to be limited to entities with operations in California or can participate in financial investment transactions in California’s cap and trade system. New VAE language requests identification of corporate associations making extensive listing of corporate, direct or indirect associations from covered entities unnecessary.
Attachment: www.arb.ca.gov/lists/com-attach/64-cap-trade-draft-ws-VTRRJV0+U18KPgAw.docx
Original File Name: ARB 2013 cap and trade comment - corporate associations.docx
Date and Time Comment Was Submitted: 2013-08-02 17:02:28
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