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Comment for California Cap-and-Trade Program (capandtrade10) - 45 Day.

First NamePeter
Last NameBarnes
Email Addresspeter@tomales.org
AffiliationTomales Bay Institute
SubjectProposed cap and trade regs
Comment
(1) I like the price floor starting at $10/ton.   

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

(3) In the industrial sector, the free allocations are excessive
and should be reduced.  

(4) In the electricity sector, you should protect ratepayers by
returning allowance value directly to consumers via electronic
rebates (dividends).  There is no need for utilities as middlemen. 
Using them as middlemen will result in 'skimming' and is likely to
eliminate or mute the price signal.

(5) I urge you to follow your own expert panel’s advice that “the
largest share (roughly 75%) of allowance value should be returned
to California households” in the form of dividends. 

Thank you.

Attachment
Original File Name
Date and Time Comment Was Submitted 2010-11-28 18:36:35

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