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Comment 10 for Cap & Trade Public Meeting (may-17-allocation-ws) - 1st Workshop.


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

Subject: Auction Proceeds for R&D
Comment:
GPI is glad to see that some of the proceeds from auction will go
toward research and development of low GHG technologies.  For CHP,
it is not certain how we will achieve lower GHG goals.  Research
and development is necessary in order to help CHP achieve the goals
of AB 32.  .  If these research funds are not provided, the auction
costs suffice only to tax industry over GHG emissions, rather than
a means of improving our climate.

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Date and Time Comment Was Submitted: 2010-06-07 09:05:25



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