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Comment 279 for 2013 Investment Plan for Cap-and-Trade Auction Proceeds (2013investmentpln-ws) - 1st Workshop.


First Name: Dan
Last Name: Noble
Email Address: danwyldernoble@gmail.com
Affiliation: Noble Resources Group, and ACP

Subject: Build of Framework and ROI for building high carbon soils
Comment:
As Executive Director of the Association of Compost Producers
(www.healthsoilorg), I have been representing composters to expand
the volume and value of compost to build healthy soils in
California for over 10 years. 

We support the use of these funds for organics recycling, and
building high carbon soils, e.g. the California Organics Recycling
Council (CORC) has submitted a separate letter that represents the
perspectives of many California composters.  

However, we noticed that we did not see a clear expression of how
the money was going to be invested to specifically lower GHG.  For
this reason, we have attached a paper that recommends the following
 points for these Cap & Trade Proceeds.  Specifically we recommend
to:
1) Provide a Framework for Investing Cap-and-Trade Auction
Proceeds
2) Report on ROI for each Investment
3) Balance “Direct” and “Indirect” Investments based on ROI
effectiveness, and economic enhancement of communities of
opportunity
We would like to discuss the specifics of these recommendations as
you begin to engage in specific investments of these important
funds.

Attachment: www.arb.ca.gov/lists/com-attach/308-2013investmentpln-ws-UTICZVIjVFhVJwFz.pdf

Original File Name: Cap&Trade Proceeds Investment Comments 3_8.pdf

Date and Time Comment Was Submitted: 2013-03-08 15:57:51



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