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Dear CARB,

This regulation will help California create a model that must
really meet our goals. 

I am particularly concerned about the electrical power sector.
Ratepayers must be protected by returning allowance value directly
to residential customers as a rebate check. This follows your
expert economic panel’s recommendation that “The largest share
(roughly 75%) of allowance value should be returned to California
households...” in the form of a dividend check. This also
incentivizes conservation on the braodest level.
 
I support a permit price floor starting at $10/ton. 

In the transportation fuels sector, I support the upstream point of
regulation and auctioning 100% of permits. 

I see no reason for the free allocations in the industrial sector.
They are excessive and should be reduced. 

Sincerely,

Michael Friedenberg
Santa Rosa, CA