Submission Number: 459
Submission ID: 7201
Submission UUID: 1272db7f-79c5-4f2e-a86d-9c9e695a2828

Created: Thu, 12/14/2023 - 17:00
Completed: Thu, 12/14/2023 - 17:01
Changed: Fri, 12/22/2023 - 08:38

Remote IP address: 24.23.242.147
Submitted by: Anonymous
Language: English

Is draft: No

Flagged: Yes


Submitted Comment
Kenneth Johnson
Climate Reality Project: Silicon Valley Chapter
Economic Modeling

The UC Davis statistical economic model of the Cap-and-Trade market cannot be expected to accurately forecast future economic conditions, but could provide invaluable policy guidance by identifying major trends and tradeoffs between policy choices. We offer the following recommendations relating to the modeling effort to ensure its relevance and applicability to California's greenhouse gas policy objectives. (Some of these recommendations might be beyond the scope or capabilities of the UC Davis model, but could perhaps be addressed in a broader modeling program.)
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