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
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
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