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Comment 6 for Cap & Trade Public Meeting (june23-por-fuels-ws) - 1st Workshop.
First Name: Daniel
Last Name: Ihara
Email Address: dmi1@humboldt.edu
Affiliation: Economics Instructor/Researcher
Subject: Comments on Waxman-Markey and other aspects of Linking to Other GHG Trading Programs
Comment:
The comments supersede the previous comments (which were made prior to viewing the presentation). 1. If the Waxman-Markey Bill passes the Senate and is stronger than California’s AB32, California [i.e. the Waxman-Markey Bill that passed the US House of Representatives essentially targets reductions to 4% below 1990 levels by 2020, while AB 32 proposes to meet 1990 levels by 2020] will not be able to get approval to operate a more stringent program; 2. If the Waxman-Markey Bill passes the Senate and is NOT stronger the California’s AB32, California may get approval to operate a more stringent program; 3. If California links to other Greenhouse Gas Trading programs this could be with RGGI states or as part of WCI states and provinces or internationally; 4. If with RGGI states or WCI provinces WCI developed provisions would guide linking; 5. If international links, it would seem there would need to be some “harmonization”, i.e. method for determining the specifics of the linkage, what sectors, one-for-one trading of allowances permitted, impacts on prices etc.; 6. If the public meeting is about “Linking California's Cap-and-Trade Program to Other Greenhouse Gas Trading Programs” I may have additional comments to submit via email during the meeting. Daniel M. Ihara, Ph.D. Department of Economics Humboldt State University Arcata, CA 95521
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Date and Time Comment Was Submitted: 2009-07-22 21:45:48
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