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.