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Comment 36 for Cap-and-Trade Regulation Amendments Workshop (ct-amendments-ws) - 1st Workshop.
First Name: Nicholas
Last Name: Balistreri
Email Address: nick.balistreri@ucop.edu
Affiliation: University of California, Office of the
Subject: Support of UPSE Continued Transition Assistance
Comment:
Dear Board Members: The University of California (UC) supports the California Air Resources Board’s (CARB) staff proposal to continue to provide transition assistance through the annual allocation of allowances to universities and public sector entities. Under the proposal, universities would continue to receive an allocation based on an established baseline multiplied by the annual cap adjustment factor. This provision is an equitable solution, balancing monetary incentives to reduce emissions, while allowing for funds to be redirected toward greenhouse gas reduction efforts. In 2016 this provision saved UC almost $9 million, which will allow it to spend the funds on projects that reduce greenhouse gas emissions on its campuses. Sincerely, Nicholas Balistreri
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Date and Time Comment Was Submitted: 2016-11-04 15:19:41
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