Not a conservative issue. This is not a liberal issue, this is not a moderate issue. This is not a progressive issue. This is a moral and financial imperative. To that end, supervisor cohen, supervisor breed and myself serve as members of the Democratic County Central Committee and it was our colleague keith boraka that issued it to divest. That passed unanimously. Thank you keith for that leadership. Thank you to bay. Org, fossil free sf, indian people organized for change, next gen america. Sf berniec. R. A. Ts. And last night with incredible testimony from victor who talked about the way the investment industry works, about score cards, out of the half a billion dollars that the San Francisco Employee Retirement system has invested in fossil fuels, over 20 of it has not yielded a positive return to the fund. Just what supervisor cohen was saying, for five years or more. Thats what we call a bad investment. That is a bad investment. This decision can be made as a fiduciary decision a
But i think theres a lot of opportunity and i know supervisor yee has been leading this and ive been kind of backing him up in many ways. So, i feel comfortable moving forward with this. I do have a lot of reservations that supervisor cohen brought up. But i think we can finalize that. Chair peskin commissioner yee. Supervisor yee i also want to mention that i have been asking ting this is a ta meeting, one of the things thats really long term and but im willing to push the discussion. Ive pushed it with the mline in terms of potentially moving from whether its from the st. Francis circle or from west portal tunnel to go under ground. And so, with that discussion, i also was broadening the discussion that we study the city study the possibility of keeping the k under ground from the same point. And that would to me if you put the kline under ground all the way to the bart station, that to me would really reduce the Traffic Congestion around that area. Again, its only possibilities. May
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