Investment group did a 25year study and looked at the spear speared period and a divested portfolio would have slightlyimproved performance and no risk in terms of volatility. In depend independently there was another conclusion. Again, two pieces of historical evidence pointing towards divestment honoring the fiduciary duty standard. Ideally youd have a study that looks at fossil fuel divestment conducted by academics and look back further to the historical track record. Thankfully such a study was conducted last year at the university of grogenheim and looked at it before the Great Depression to the great recession. I have the study if anyone wanted to look at it, if you look at the length and the vigor and the methodology, this is hand down the best in terms of look at the issue and the result quote sunday divestment did not reduce riskadjusted returns and these findings can be explain the fact that fossil fuel Company Portfolios do not generate above Market Performance and they pro
The meting will come to ord order. This is the february 23rd, 2018 special meeting of the San Francisco local Agency Formation commission. I am sandra leigh fewer, chair of the commission. I am joined by commissioner cynthia pollock on my left and hillary rope then on my right. I would also like to thank the staff at sfgovtv, for recording todays meetings. Madam clerk, do you have any announcements . Madam clerk, can you please read item number two. Item 2 is the approval of the lafco Meeting Minutes of november 30, 2017 workshop, and the november 30, 2017 regular meeting. Thank you. Do any of the commissioners have any changes to the november 30, 2017 minutes . Yes, i do. Under opening remarks and proposals presented by the commission, i recall it says rise chair pollock provided the following two proposals, broad band and revisiting an Affordable Housing study. I believe there was also a third, an expansion of clean power sf. Supervisor fewer okay. Are there any other changes to the
Would pull that deck back from the edge of the building into a position of where it meets the first angle of the bay to give a little bit more breathing room. The deck is sufficiently large that that wouldnt do a lot of damage. Are you following me, mr. Washington, what im trying to say . So what you would like to see is the deck on the south side moved into the edge of the bay. Thats correct. On the north side, i would put a trellis on the extension of the building where it currently sits. Why on the north side, commissioner . Because its too close. Youre still looking into the bay of the adjoining building. Youre standing out there, youre looking into the bay, youre looking into the large portion of that picture window, as well, and i just think its too intrusive. Okay. So is that a motion to take d. R. . Its a motion to take d. R. And deal with privacy issues on the north and south side with the two moves that i described mr. Washington sketched out. Commissioner moore, were going t
Okay. So the citys Energy Program aligns with the states vision and action to help shape the Energy Resources future. The citys Energy Program not only works on Energy Efficiency and renewables like youve heard tonight, but also in collaboration with our colleagues at the sf puc works on renewables and also Energy Storage and zero Emission Vehicles and market transformation. The focus of the majority will be on zero emissions vehicles. My director is sick with the flu so he gave me permission to give you highlights he also wanted know relay to you and would be happy to come back and give you a full update on clean power sf. San francisco is loading on the use of the power grid. Grid is 44 renewable with the goal of getting to 50 renewable by 2020 and 100 renewable by 2030. The department of the environment and energy team also works on developing reach codes or commissioner mcallister called them stretch codes. For example, with renewables we passed a better roof ordinance. Thats consi
Thank you very much. President bermejo and commissioners. My name is jed holtzman. Im a senior policy analyst for 350 bay area working on several projects in the nine county bay area to try to keep Greenhouse Gases in the ground. Id like to thank commissioner ahn and hoyos for this measure. Debbie, the commission, putting this in front of you all and Victor Makras with whom wed be nowhere. When the board of supervisors passed this fossil free sf was born. And it was born as me going alone to the retirement board and getting glared at. Luckily things changed shortly thereafter and its only continued to grow and grow and grow. As youve heard the retirement board has been recalcitrant to say the least. So i want to thank you supervisor avalos and peskin and the staff of the offices for getting us to this point. I dont really have anything to say besides this is an exceptionally common sense measure. We need to put the citys money where its mouth is and i guess to lee hepners point in term