Goldhammer golddahmer, im sorry, i dont know what is with me today, from sfgovtv. Madam clerk, any announcements. Clerk silence all cellphones and documents should be submitted to the clerk. Chair fewer i wanted to everyone to know that we will need to recess this at 11 20 to 12 00 noon. So lets start. Madam clerk. Can you call item number 1. Clerk item one was to the call to order and recall call. Would you like me to call item two. Chair fewer yes. Clerk the approval of the lafco minutes from the november 15, 2019 regular meets. Chair fewer any questions or colleagues . Seeing none, any Public Comment . Seeing none, lets approve the minutes of the meeting. And we can take that without objection. Do ied i need a second. Thank you very much. And madam clerk, call item 3. Clerk the presentation and discussion on the cleanpowersf local Renewable Energy report. Chair fewer and we have barbara hale with us today. The general manager at the San Francisco p. O. C. And were here to present a
Unemployment rate when we get the numbers on may 8. That compares to the high in the pointdepression, 1933, 24 9 . We could easily be above that. This week was the week that is the reference for the jobs report. It may not be worse than that, but when you are grasping at straws for good news, global pmi , the United States comes in better in europe with numbers that wouldve been a stabbing to anybody a month ago. Anybody. Ding to 36 for manufacturing, 27 for services. Those are so much higher than in europe. In france, the composite 11. 2, the euro zone, 13. 5. You cannot model the destruction of the economy with numbers that low because it has never been done before. We have never seen numbers that low. Christine lagarde suggested we could see 15 collapse in the european economy for the quarter. The numbers we are talking about just absolutely astounding at this point. Those numbers you are seeing our quarterly numbers, they are not at an annualized basis as we do in the United States
Yesterday down 86 points at 4 00 oclock on wall street. More help for Small Businesses and hospitals on the way. The senate did pass the 484 billiondollar coronavirus aid deal last night. House is expected to vote on this tomorrow. Meanwhile the white house is looking ahead to additional stimulus packages. We will talk about that. President trump to sign executive order today temporarily banning immigration to protect american jobs. The cdc meanwhile is out with a dire warning this morning saying there could be a second wave of coronavirus and might be even worse than what we are dealing with right now. That coming in the fall. More people stuck at home turn to streaming. Adding 16 million subscribers but warned that the level of growth probably will not continue as lockdown across the globe start easing up. The stock is down 188. More earnings on top this morning including at t and Delta Airlines, all that coming up. Mornings with maria live right now. Maria Global Markets look like t
Clerk silence all cellphones and documents should be submitted to the clerk. Chair fewer i wanted to everyone to know that we will need to recess this at 11 20 to 12 00 noon. So lets start. Madam clerk. Can you call item number 1. Clerk item one was to the call to order and recall call. Would you like me to call item two. Chair fewer yes. Clerk the approval of the lafco minutes from the november 15, 2019 regular meets. Chair fewer any questions or colleagues . Seeing none, any Public Comment . Seeing none, lets approve the minutes of the meeting. And we can take that without objection. Do ied i need a second. Thank you very much. And madam clerk, call item 3. Clerk the presentation and discussion on the cleanpowersf local Renewable Energy report. Chair fewer and we have barbara hale with us today. The general manager at the San Francisco p. O. C. And were here to present a draft of our clean powersf local Renewable Energy report. Ill go through a number of slides here and well review,
From the sfpuc two days ago which clearly shows that theres not an adequate planning process for integrated renewables in San Francisco. And a follow buildout plan like the one in sydney, australia. With respect, we have heard for the last 10 years or so from the sfpuc repeatedly, oh, the next report we put out is going to address your concerns. Weve been hearing that for 10 years. The sfpuc, for very good reasons again, i dont want to im not bashing on them, they have to behave as theyre behaving, theyre not the wheelhouse for a buildout plan. This is excellent information but we need to go beyond that. So i cant emphasize in Strong Enough terms that what we need to you do now that weve seen this report, which is not going to get us where we need to go, where the ipcc demands that we go within 10 years, to get 100 locally developed renewables. We must have the lafco direct the sciewptiv executive officere directive for proposals with the top item on the list is that consultants need t