| First Name: | Stephen |
|---|---|
| Last Name: | Asztalos |
| Email Address: | SJAsztalos@lbl.gov |
| Affiliation | |
| Subject | No free allowances |
| Comment |
Dear Board members, As a physicist and concerned California resident I am writing to express support for the notion of an auction to distribute pollution allowances. If there is any clear message from the European foray into the cap and trade arena it is the recognition that a big opportunity was missed when allowances were freely distributed. The European system is still trying to recover from the the initial giveway of their allowances and the low price assigned to pollution rights. In California it must be established upfront that pollution has attendant costs. No clearer signal exists (save a carbon tax) than to assign a particular dollar amount to a particular volume of CO2 pollution. Prior knowledge that allowances are costly will "incentivize" polluting industries to limit their C02 emissions. There is absolutely no justification for giving away allowances save political expediency. Dr. Stephen Asztalos Oakland, CA |
| Attachment |
Original File Name:
Date and Time Comment Was Submitted: 2008-08-01 17:24:49 |
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