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Comment 74 for 2030 Target Scoping Plan Discussion Draft (sp2030disc-dec16-ws) - 1st Workshop.
First Name: Cher
Last Name: Gilmore
Email Address: chergilmore@sbcglobal.net
Affiliation: Citizens' Climate Lobby
Subject: 2030 Target Scoping Plan Draft
Comment:
Dear CARB members, Thank you for soliciting public comments on the 2030 Target Scoping Plan, and thank you for your hard work in outlining an updated plan to address California's emission reduction goals. I am proud to be living in a state that leads in addressing climate change by taking specific actions to effectively reduce carbon emissions. What has been, and is still being done is to be commended, AND I believe we can do even better. My primary suggestion for the updated plan is that you take a closer look at Carbon Fee and Dividend (CFD) as a simpler, easier to implement, and more comprehensive solution for runaway emissions, with a built-in mechanism for protecting the most vulnerable from negative economic impacts (the dividend provided to all households). CFD would not necessarily have to replace the Cap and Trade program now in effect, but could provide additional elements to improve the effectiveness of the current effort. A study commissioned by Citizens' Climate Lobby (CCL) and done by Regional Economic Models, Inc. (REMI) shows that a national carbon price starting now and rising to $150/ton would reduce emissions by 40% from current levels by 2030. At the same time it would increase GDP and add millions of jobs. It shows unequivocally that we can reduce emissions and improve the economy at the same time. Another study by Kevin Ummel shows that in a CFD scenario, low income, minority, and elderly households would all come out ahead, in terms of having their rising energy costs covered or exceeded by the dividend. The fact of receiving a dividend would also virtually guarantee continued public support, as has been the case with the British Columbia CFD program. Clearly, to be able to continue the program long enough for the warming problem to be solved will require public support. A CFD program would also be more acceptable and easy for other, perhaps less developed, economies to adopt, and this also is a good reason for choosing that solution. Ultimately, addressing climate change will require a worldwide response, and a simpler solution is more likely to be widely implemented than a more complex one. Another advantages of CFD over Cap and Trade is that CFD provides a clear and steady price signal, needed by businesses and individuals to plan effectively. CFD also covers fossil fuel use throughout the economy, since the fee would be assessed upstream where the fuels first enter the economy. Therefore, it's more comprehensive. Again, my primary request is for you to study and analyze Carbon Fee and Dividend much more thoroughly as you compare the various carbon pricing options. And I thank you for your work in addressing the critical and urgent issue of climate change, for the benefit of all humanity and the natural world. Sincerely, Cher Gilmore
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Date and Time Comment Was Submitted: 2016-12-16 13:18:32
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