First Name: | Andre |
---|---|
Last Name: | Templeman |
Email Address: | andre@alphainception.com |
Affiliation | |
Subject | Comments and suggestions from Alpha Inception |
Comment |
Summary of comments being filed in letter: With a CI reduction target of 35%,40% or even higher by 2030, as is being recommended by some and market prices at the ceiling in 2026, AI anticipates that the net cost of the program to California consumers starting as early as 2026 to be more than $12 Billion annually and increasing at more than 10% each year and would almost exclusively be borne by Gasoline consumers at a cost of around $1/Gallon, again increasing at more than 10% per year. This compares with a program cost to consumers this year of less than $2 Billion and a little less than $.15 per Gallon of petroleum-based fuels purchased by California consumers. CI target changes must be implemented this year and be effective in 2024! To ensure that this happens, AI recommends that these changes be the focus of the current regulatory rulemaking and should not be combined with the more complicated and contentious changes currently being comingled into one very complex and contentious proceeding. We deeply appreciate all the work that CARB does and your continued leadership worldwide in mitigating climate change and hope that our comments and suggestions will help inform your decisions in the future. Respectfully, Andre Templeman CEO, Alpha Inception Phone: (801)455-3033 Email: andre@alphainception.com |
Attachment |
www.arb.ca.gov/lists/com-attach/71-lcfs-wkshp-feb23-ws-VTRRPlEPVmkHYglv.pdf Original File Name: AI LCFS Comments Mar 15, 2023.pdf
Date and Time Comment Was Submitted: 2023-03-15 13:45:51 |
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