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Comment 93 for Public Input on Cap-and-Trade Auction Proceeds (investmentplan-ws) - 1st Workshop.
First Name: Elizabeth
Last Name: Coyne
Email Address: betsy_coyne@yahoo.com
Affiliation:
Subject: Cap and Trade auction
Comment:
I object to the cap and trade program and the upcoming auction. This auction involves foreign investment entities and will expose the proceeds to market manipulation. This represents an enormous new tax on California businesses, not authorized by the legislature as required by law, which will only make California an even worse place to do business than it already is. This is saying a lot, since California has been rated the worst place to do business for the last eight years.Our energy costs are already the highest in the nation. With the inevitable skyrocketing energy rates this will cause, more and more businesses will close or move to other states. How can this be good for California? Time and again your agency acts with wholesale disregard for the costs of your actions. People who have to work and live in the real world are constantly penalized by your zealous focus on the fraud that is man made global warming.
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Date and Time Comment Was Submitted: 2012-06-22 12:37:18
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