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Comment 10 for Cap & Trade Public Meeting (sept-9-chp-ws) - 1st Workshop.
First Name: Bill
Last Name: Buchan
Email Address: buchan@mktpotential.com
Affiliation:
Subject: Use of Auction Funds
Comment:
To successfully reduce GHG, new technology will be needed across all sectors, including CHP. We request that the funds generated through allowance auctions go back to industry R&D to allow new technologies to be developed. If this is not done, the auction costs suffice only to tax industry over GHG emissions, rather than a means of improving our climate.
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Date and Time Comment Was Submitted: 2009-10-02 16:06:22
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