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Councilor Mendez outlines council movement on climate fee and one‑time Juniper Ridge allocations
Summary
Councilor Ariel Mendez told COBAC the council has agreed on a climate fee framework using a social cost of carbon sensitivity and previewed one‑time Juniper Ridge revenue allocations to shelters, a safe‑stay extension, an infrastructure loan fund and transportation safety projects.
Councilor Ariel Mendez updated the committee Feb. 26 on recent City Council actions and items coming to council.
Mendez said the council is considering a climate fee that uses the social cost of carbon framework and noted the council has agreed to move forward at a 20% sensitivity level; he explained the fee is sensitive to the share of electricity generated from fossil fuels.…
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