Said it received a detailed complaint from a colleague. Global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Bloomberg technology is next. Emily i am emily chang. This is the bloomberg technology. The u. S. Tax overhaul could be to blame for the worst drop in months we will explain the tech tumble. Arianna huffingtons take on ubers cultural you turn and Sexual Harassment from washington to the board room. Tech stocks caught in a massive selloff, while the dow hit a new record. Shares tumbled more than 1 . Abigail doolittle joins us now from new york with more. How common is this kind of diversions we are seeing in the u. S. Majors . I dont remember something of this degree in quite some time. By. 4 , the s p 500 down fractionally, but also an alltime high. The tech heavy nasdaq finishing down 1. 3 , the worst day since august, so to have that degree , not surprisingly the fangs going down. All down more than 2 . Th
The clerk the next it em is a presentation on San Franciscos Community Choice Aggregation Program clean power sf. And Jessie Denver Program Manager will be speaking on behalf of the director and combine it with item 7e with the energy distributed Energy Resources Program Including zero Emission Vehicles. Hello. Great. 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
Great. 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. That
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 considered a reach code. We also in San Francisco in addition to municipal utility and what they contribute we know have clean power sf. Launched in 2016 its serving about 80,000 accounts today and has an enrollment goal of july 2019. Its account holders, utility accounts currently being served by sf puc hydro power system. The next face of the enrollment will happen in july. Our colleagues at the puc have been busy procuring resource to get
Now, as you know, one of the most important things that is going happen in the next few months is the whole budget process. The budget, we have to, regardless of our politics, be able to run our city with a good budget. Ok, thats something that is number one for me and ive been fortunate to be able to follow the budget process for a few years now. And i think the person that im going to nominate have many of the factors that im considering, one that has been around for a while, one that is not running for any office. Let alone the Mayors Office. So this is really about focussing on the duty of the mayor at this point. And one that really does understand a budget process, and the person that i worked with, that seems to fit that bill, that has been the budget chair for several years and i was able to work on that committee on a larger committee member, and watch that process unfold. And felt very good about his understanding of this. Now, so the person i want to nominate to be the inter