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Comment 73 for Design Comments for the GHG Scoping Plan (sp-design-ws) - 1st Workshop.
First Name: Keith
Last Name: Adams
Email Address: adamskb@airproducts.com
Affiliation: Air Products and Chemicals
Subject: Comments on Cap and Trade Aspects
Comment:
Air Products agrees market-based mechanisms will drive the most economic efficient solutions to meeting the state’s reduction goal. We encourage CARB to consider a process for the allocation of emission allowances that recognizes those industries that have already invested in state-of-the-art efficient processes. As such, a Cap and Trade program can simultaneously advance the objectives of economically efficient greenhouse gas (GHG) reductions and energy/process efficiency. Air Products also supports a broad flexibility in the use of cross-border (WCI) allowances and offset purchases to further minimize the overall economic impact of achieving the desired GHG reductions.
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Date and Time Comment Was Submitted: 2008-08-01 16:01:27
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