Comment Log Display

Comment Log Display

Below is the comment you selected to display.
Comment 68 for Cap & Trade PDR (dec-14-pdr-ws) - 1st Workshop.


First Name: Bill
Last Name: Buchan
Email Address: buchan@mktpotential.com
Affiliation: Graphic Packaging International

Subject: Auction Revenues to GHG R&D
Comment:
It is not clear that technology yet can provide inexpensive,
off-the-shelf solutions for industry to implement in the reduction
of GHG emissions needed to reach the AB32 goals.   As such,
industries such as the electric generation industry may be faced
with making large capital investments or shutting down.   In order
to avoid GHG reductions through reduced output or plant shutdowns,
we recommend that auction revenues be put toward research and
development of technologies that industries impacted under AB32 can
utilize to achieve the program goals.   While funneling the monies
toward reduction of taxes statewide is nice, it does little for
reducing the cost of AB32 to industry or reducing the risk of
causing higher unemployment from shutdowns or reduced output.

Attachment:

Original File Name:

Date and Time Comment Was Submitted: 2010-01-11 16:18:08



If you have any questions or comments please contact Office of the Ombudsman at (916) 327-1266.


Board Comments Home

preload