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Supervisors forward pilot San Francisco carbon mitigation fund to full board after debate on local offset rules
Summary
The budget committee voted 4–1 to recommend a city ordinance creating a San Francisco Carbon Fund — a pilot account to pool roughly $120,000 in FY2010 mitigation money and prioritize local projects certified to recognized methodologies. Staff agreed to annual reporting and an RFP-based project-selection process.
The Board of Supervisors Budget & Finance Committee voted 4–1 on June 25 to forward an ordinance establishing a San Francisco Carbon Fund to the full Board with the committee's recommendation.
Jared Blumenfeld, director of the Department of the Environment, told the committee the ordinance is largely ministerial: it authorizes the Controller to create a separate account where funds collected under the program will be held. Blumenfeld said the department has identified about $120,000 for the coming fiscal year (13 percent of departmental air-travel budgets plus contributions…
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