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Comment 81 for Design Comments for the GHG Scoping Plan (sp-design-ws) - 1st Workshop.


First Name: Stephen
Last Name: Asztalos
Email Address: SJAsztalos@lbl.gov
Affiliation:

Subject: No free allowances
Comment:
Dear Board members,

As a physicist and concerned California resident I am writing to
express support for the notion of an auction to distribute
pollution allowances. If there is any clear message from the
European foray into the cap and trade arena it is the recognition
that a big opportunity was missed when allowances were freely
distributed. The European system is still trying to recover from
the the initial giveway of their allowances and the low price
assigned to pollution rights. In California it must be established
upfront that pollution has attendant costs. No clearer signal
exists (save a carbon tax) than to assign a particular dollar
amount to a particular volume of CO2 pollution.  Prior knowledge
that allowances are costly will "incentivize" polluting industries
to limit their C02 emissions. There is absolutely no justification
for giving away allowances save political expediency.

Dr. Stephen Asztalos
Oakland, CA   

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Date and Time Comment Was Submitted: 2008-08-01 17:24:49



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