BAC Comments on Draft Investment Plan

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Comments on Draft Cap-and-Trade Auction Proceeds Investment Plan

The Bioenergy Association of California appreciates the opportunity to comment on the Draft Cap-and-Trade Auction Proceeds Investment Plan released on April 16. The Draft Investment Plan improves upon the Draft Concept Plan released in February in several important respects, particularly the additions of waste diversion, forest management, wastewater biogas, and agricultural management. The Bioenergy Association of California strongly supports these additions and urges the Air Resources Board to increase the proportion of funding for the Natural Resources and Waste Diversion category overall. We also urge the Air Resources Board to include funding focused specifically on the development of low carbon transportation fuels.