| Comment | Setting aside politics and the heavy lobbying efforts from industry
and opportunists aiming to get rich from the carbon trade, your
competent and highly trained staff know that the most effective
path for meaningful carbon reduction is not cap and trade but a
carbon tax. The potential abuses in a cap and trade program are so
many and the program would require such significant resources to
monitor and enforce that it could be rendered meaningless. However
politically unsavory a carbon tax would be, you cannot dispute that
it would be the most effective way of achieving the goals of ab32
and the board should not abandon its consideration based on
political pressures but should fully evaluate it on its merits
alone.
Sincerely
Yinlan Zhang
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