Transcript CAP-AND-TRADE 2014 AND BEYOND! SDHF Conference: October 15, 2014 Moderator: Megan Kirkeby, California Housing Partnership Panelists: Susan Riggs, Business Consumer Services and Housing Coleen Clementson, San.

CAP-AND-TRADE 2014 AND
BEYOND!
SDHF Conference: October 15, 2014
Moderator: Megan Kirkeby, California Housing Partnership
Panelists:
Susan Riggs, Business Consumer Services and Housing
Coleen Clementson, San Diego Association of Governments
(SANDAG)
Stuart Cohen, Transform
2014-2015 Greenhouse Gas
Reduction Fund
Program
High Speed Rail
Transit Capital
Transit Operations and Intercity Rail
Affordable Housing and Sustainable
Communities
Low Carbon Transportation (EVs and Clean
Freight)
Weatherization and Sustainable Energy
Agricultural Energy and Operational
Efficiency
Energy Efficiency for Public Buildings
Water Action Plan
Sustainable Forests
Urban Forestry
Waste Diversion
Total
Expenditure (in millions)
$250
$25
$25
$130
$200
$75
$15
$20
$65
$25
$17
$25
$872
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Ongoing GGRF Spending
Low Carbon Trans.,
Weatherization, Ag
Efficiency, EE for
Public Buildings,
Water Efficiency,
Sustainable Forests,
Urban Forestry,
Waste Diversion,
40%
High Speed Rail,
25%
Affordable
Housing and
Sustainable
Communities (at
least half for
Affordable
Housing), 20%
Transit Capital, 5%
Transit
Operations, 5%
Intercity Rail, 5%
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SB 535: BACKGROUND
AND NEXT STEPS
Beyond Reducing GHGs: Serving
Disadvantaged Communities
• ALL Cap-and-Trade investments must meet the Sinclair Nexus
Test by reducing GHG emissions; but that is not sufficient.
• SB 535 requires that 25 percent of auction proceeds be
invested in ways that benefit disadvantaged communities and
at least 10 percent be invested within those communities.
• SB 862 further requires 50 percent of the AHSC funds must
benefit “Disadvantaged Communities. “
• What are “Disadvantaged Communities”?
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What are Disadvantaged
Communities?
California Housing Partnership | 6
California Housing Partnership | 7
City of San Diego
San Diego, Imperial, San
Bernardino
NEXT STEPS: THE
RESEARCH CONTINUES
Three Place Types
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Job Density Findings
• For each place type, job density is a strong,
statistically significant predictor of VMT reduction.
• Average Rural and Large
Metro Households at
80th percentile of job
density drive about 6
miles less per day than
the same household at
the 20th percentile.
• The reduction is 7 miles
per day in Small Cities.
California Housing Partnership | 12
QUESTIONS?