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Comment 61 for Public Input on Cap-and-Trade Auction Proceeds (investmentplan-ws) - 1st Workshop.
First Name: Jim
Last Name: Stewart
Email Address: Jim@earthdayLA.org
Affiliation: Earth Day Los Angeles
Subject: Earth Day Los Angeles Input on Investment of Cap-and-Trade Auction Proceeds
Comment:
Earth Day Los Angeles Input on Investment of Cap-and-Trade Auction Proceeds The California Air Resources Board has asked for input for an investment plan for the auction proceeds from the cap-and-trade program to meet the goals of Assembly Bill 32 (AB 32). A group of environmental and social justice organizations developed joint input for the California Public Utilities Commission’s similar question of how to invest the allowance revenues from the cap-and-trade program for electricity generation. The groups included: Natural Resources Defense Council, Sierra Club California, The Greenlining Institute, Union of Concerned Scientists, Local Government Sustainable Energy Coalition, National Consumer Law Center, Climate Protection Campaign, California Housing Partnership Corporation, and Community Environmental Council. Attached are the initial and reply comments jointly submitted by these groups in the CPUC proceeding R. 11-03-012, along with the Appendices and Exhibits. Although not all the details relate to the Air Resources Board, many of the main points do apply, including prioritizing investment in three broad categories: (1) expanding energy efficiency programs, including developing innovative financing strategies to support emerging clean energy technologies and implementation strategies; (2) expanding low and moderate energy efficiency programs; and (3) enabling better interconnection, integration and support for distributed renewable generation. The environmental and social justice groups’ proposal also highlights a series of carbon mitigation activities facing market barriers that auction revenues could help address, and identify opportunities to supplement current programs to capture additional, untapped energy savings. The proposal also asked that investments under each strategy are additional to programs and expenditures otherwise necessary to meet existing legal and regulatory requirements, prioritize investments in California’s most impacted and disadvantaged communities and non- commercial entities that provide vital social services such as local governments, schools, universities, hospitals, federal and agencies, and community-based organizations. In addition, implementation should facilitate customer understanding, engagement and support for California’s climate programs. For example, any revenues to individuals (including low income households) should be in the form of a separate off-bill rebate, not merely deducted from their bill. Included in the attached zip file are the following: Revised Proposal, filed 1-6-12 Opening Comments, filed 1-31-12 Reply Comments, filed 2-14-12 Of particular interest are the many footnoted references, plus the Appendices and Exhibits: Appendix A: Disproportionate Impacts of Climate Change on Low Income Households Appendix B: Illustrative Local Government Programs Appendix C: Expanded Multifamily Residential Energy Efficiency Programs Exhibit 1: The Climate Gap – Inequalities in How Climate Change Hurts Americans and how to Close the Gap Exhibit 2: Climate Change, Extreme Heat, and Electricity Demand in California Exhibit 3: Pie in the Sky? The Battle for Atmospheric Scarcity Rents Exhibit 4: Cap and Dividend: How to Curb Global Warming While Protecting the Incomes of American Families Exhibit 5: Clear Economics: State-Level Impacts of the Carbon Limits and Energy for America’s Renewal Act on Family Incomes and Jobs Exhibit 6: Schools of the Future Report Exhibit 7: Improving California’s Multifamily Buildings: Opportunities and Recommendations for Green Retrofit & Rehab Programs Exhibit 8: Investment of Proceeds from RGGI CO2 Allowances
Attachment: www.arb.ca.gov/lists/investmentplan-ws/69-enviroejgroupproposals.zip
Original File Name: EnviroEJGroupProposals.zip
Date and Time Comment Was Submitted: 2012-06-22 08:06:53
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