Basin nations in the United States. For those who dont know where that is, the great states of nevada, utah, parts of arizona and oregon. And before that i worked at the trust public land. And im happy to lead with london breed, malia cohen, our former supervisor who first championed this issue, in favor of the full divestment from fossil fuels. I want to start by thanking the Broad Coalition of environmental advocates, Public Health advocates, clean fuel transportation activists, Democratic Party officials, grassroots advocates and retirement Board Members and as of last night, the commission on the environment who have turned out today to demand that San Francisco Employee Retirement system divest now from fossil fuels and were getting to labor, were saving the best for last. And i mean that sincerely and it is in my notes. I want to start by saying that sciu 101 has been the wind at our backs. I cannot thank you enough. To the folks from dapo, i cannot thank you enough. Well hear fr
London breed, malia cohen, our former supervisor who first championed this issue, in favor of the full divestment from fossil fuels. I want to start by thanking the Broad Coalition of environmental advocates, Public Health advocates, clean fuel transportation activists, Democratic Party officials, grassroots advocates and retirement Board Members and as of last night, the commission on the environment who have turned out today to demand that San Francisco Employee Retirement system divest now from fossil fuels and were getting to labor, were saving the best for last. And i mean that sincerely and it is in my notes. I want to start by saying that sciu 101 has been the wind at our backs. I cannot thank you enough. To the folks from dapo, i cannot thank you enough. Well hear from all of them. I want to start not with our president , not with our retirement board member but with our former supervisor. We have a lot of great speakers but this started with supervisor john ovolose who first i
The developers and the project source, project revenue financing this project have shown the table on page 14. The Developers Equity contribution is estimated to be about 190 million. They have already contributed about 27 million of that towards entitlement costs. With their return, we estimate that the return to developer and the payment to developer will be around 268 million in current dollars. Under the d. D. A. , the developer is paid back from project revenues, prepaid ground leases, rents, financing from the financing district, they say they cannot compel the general fund or the port fund to repay their costs. In sort of summary of this project, same we said when we looked at the pier 70 project, this is complex, the financing is complex. If project revenues do not come in in the amount or the frequency that they are expected, it will cause delays in the project, that would be the major risk to the project. We recommend amending the resolution that approves the d. D. A. To requ
When i open up the paper every day im just amazed at how many different Environmental Issues keep popping up. When i think about the planet i want to leave for my children and other generation, i think of what contribution i can make on a personal level to the environment. Clean power sf is San Franciscos key way of fighting Climate Change by Renewable Energy and offering it to San Francisco customers. Im from the San Francisco Public Utilities commission. The program came about with state wide legislation in 2002 to enable people to take more control over supplies. I first heard of the program when the organization was advocating to launch clean power sf. What im most excited about, its going to bring 100 Renewable Energy to my home and reinvest into Renewable Energy infrastructure and jobs. I had gone to a lot of street fairs and heard from the staff at the San Francisco Public Utilities commission to sign up for clean power sf even before it launched. We learned about clean power sf
Crude down 21 in july. That makes this the worst month since 2008. As you can see exxon shares down 4. 5 . Chevron down 5 today. Coming up. Labor posted the smallest increase on record in the Second Quarter. They started keeping the data in 1982. We will hear from somebody who predicts a september rate hike is off the table. We found somebody who said it may not be. Our segment which is taking a toll on the consumer. We will hear from Royal Caribbean ceo whose companys stock is hitting an alltime high after beating expectations today. A lot to get toompt lets get to the crude oil, this miserable month. The damaging effects of the oil collapse on earnings. Good afternoon. Let me talk about the settle for crude oil. 4712 to give you perspective. The Second Lowest weekly close that we have seen this year a very bear signal to traders and down 21 on the month. Its worst month since october of 2008 in the heart of the financial crisis. Lets talk about the earnings because traders did not li