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Comment 10 for Cap & Trade PDR (dec-14-pdr-ws) - 1st Workshop.
First Name: Joanna
Last Name: Malaczynski
Email Address: joanna@raimiassociates.com
Affiliation: Raimi + Associates
Subject: Funding from Carbon Markets for Land Use/Transportation
Comment:
Dear ARB Staff and Interested Stakeholders: ARB recently issued cap-and-trade draft regulations that could potentially offer a funding source for land use/transportation through two different mechanisms, as follows: 1) Auctioning carbon permits. If ARB auctions carbon permits to regulated emitters, the revenues from the auction will be available for climate-related programs. Since transportation-related emissions constitute nearly 40% of California’s emissions, why not request that 40% of the auction funds be allocated toward land use and transportation? 2) Carbon offsets. ARB will allow regulated emitters to meet a portion of their regulatory requirements through investment into carbon offsets. Why not allow a land use/transportation fund to qualify as a carbon offset investment? By the time ARB puts cap-and-trade into effect in 2012, California will have a regulatory scheme/protocol under SB375 to sufficiently prioritize land use/transportation projects based on their climate change benefits. Please consider these ideas for incoporation into ARB's final regulations. Thanks, Joanna Malaczynski
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Date and Time Comment Was Submitted: 2010-01-04 13:26:47
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