McGoldrick Clean Tech Measure Now Has Bad 'Cap & Trade' Supports
Hey all, This one is urgent because the matter will go to the full Board of Supervisors next week. Supervisor McGoldrick recently put together an expansion of the City incentives for clean technology businesses (which would be a good thing) except that it just got passed out of committee with a bunch of amendments that industry wanted, and one of those amendments promotes businesses that do financial work around and promote CO2 'Cap and Trade' and 'carbon trading' systems. (See legislation attached.) 'Cap and Trade' has been in place in Europe for years and is a complete disaster. To put it simply, 'Cap and Trade' and other 'carbon trading' systems allow corporations to game the system and increase negative impacts on the climate crisis while pretending to decrease them; usually at the same time making totally unjustifiable profits out of nothing but thin air. For a short article about the actual record of 'Cap and Trade' in Europe and what it would mean for the U.S. see http://www.globaljusticeecology.org/connections.php?ID=108 (I'd also recommend spending some time doing a deeper web search on 'cap and trade' and 'carbon trading' to get a full sense of why these trading schemes are so bad.) It is crucial that the 'Cap and Trade'/'carbon trading' amendments to this legislation be removed so that San Francisco does not continue to amplify this already disastrous global policy. Supervisor McGoldrick is going to be justifiably reluctant to amend the legislation since the current Board is so close to its last meeting on January 6, but there is still time and we must prevail on him to remove these particular incentives. Please contact Supervisor McGoldrick (and other Supervisors) right away on behalf of your organizations/office to weigh in on this so that industry doesn't get the last word on this now flawed measure; and request that Supervisor McGoldrick further amend the legislation. thanks Eric Brooks SF Green Party Sustainability Working Group 415-756-8844 -- "I am not a liberator. Liberators do not exist. The people liberate themselves." – Che Guevara
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Eric Brooks