what s the value of the assets managed by the board? approximately 20 billion. and how many employees are impacted, if you will, in terms of the retirement? how many employees are we talking about? active and retirees we have over 56,000 members. okay. what i would say is i personally think we have a responsibility to these workers, to these retirees to make sure that when you have people that are part of this seven member body that oversee $20 billion in assets, that the individuals are complying with the highest ethical standards and i think in this case we re not sure one way or the other whether or not the law was violated. and i actually think it s a disservice to those individuals. , and quite frankly a disservice to this individual to move forward without giving the individual the opportunity to say something. i don t think it makes sense for how much we value compliance with ethical standards for us to move forward the application on the idea that if this in
the scientific news keeps getting more terrible in the 20 months since you vote. we re now in a race to save the world from the worst case scenario frs climate change divest ment as this retirement board was asked to do. another aspect that s change td since april of 2013 is the new energy landscape. even a few years ago it s here. renewable cheap energy is seriously impacking traditional power generation an power companies. in the u.s. coke brothers i could go on about that. the third is the carbon bubble. more and more authority, the bank of london, the british financial minister say wez re in the midst of a carbon bubble that could plummet and make the retirement board has to the tune of i think $3500 million that s worthless. so let s catch up. thank you. thank you for your public comment. that ng you. and again, i m dpoing to have to remind everyone that your public comments must be confined to this item which is about wendy paskin-jordan s reappointment. please co
another aspect that s change td since april of 2013 is the new energy landscape. even a few years ago it s here. renewable cheap energy is seriously impacking traditional power generation an power companies. in the u.s. coke brothers i could go on about that. the third is the carbon bubble. more and more authority, the bank of london, the british financial minister say wez re in the midst of a carbon bubble that could plummet and make the retirement board has to the tune of i think $3500 million that s worthless. so let s catch up. thank you. thank you for your public comment. that ng you. and again, i m dpoing to have to remind everyone that your public comments must be confined to this item which is about wendy paskin-jordan s reappointment. please continue your comments in relation to these items or else we will have to sprupt you. interrupt you. thank you very much. my name is brett, i m senior analyst at 350.org. my job is to track public institutions reaction an
people that are underemployed in the past and train them on a series of environmental actions from doing energy audits to going out and investigating who s he throwing they re coming possess materials into the recycleable bins. and finally we have we re very grateful to have mta and the puc here how we re going to work together to meet the city s action goals. thank you. thank you so we have accountability presenters i believe bob from the mta? good afternoon supervisors i m director of the strategy planning for the mta. first of all, i want to acknowledge of the hard work with the staff has done they ve developed a pretty good snapshot of what we re working on and spent two years where they ve prison brought the strategies that will work and make sense. we ve been integral to that one we were the head of the mta from the city side we re a large consumer of the diesel and electrical but from the transportation prospective the way we get around the city affected ore carbon f
but some type of management it in san francisco we have five or six different tools i think the big part of it we lose out when we want to implement those strategies is we haven t brought the public along but we have to change public opinion we can t rely on the gridlock to do that. if we have a plan to bring people along because the eludes vary across the city but it s came from a reason because of the choices are a not as good so it s a matter of how we get people s to accept the transit and biking and pedestrian use. and we ll have a ways to go this should be part of the effort that s a good point and part of our management strategy is to i agree we have to change the behaviors and we work with the traffic task force to build up the shifting to another moved but supervisor wiener s point is the language has to be easy to walk and the demand is there. we have a ways to go but this strategy is good interest it s building up from the success we have in the city and captur