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Bay Area Council Celebrates Deal on AB 32; Group Represents 275 of the Largest Employers in the Bay Area.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden  -- Today, the Bay Area Council released the following statement attributable to Jim Wunderman, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the Bay Area Council:

"We have an emerging worldwide crisis with global warming global warming, the gradual increase of the temperature of the earth's lower atmosphere as a result of the increase in greenhouse gases since the Industrial Revolution. , and today in California both the environment and the economy both won. Businesses will be financially rewarded for reducing their emissions and the clean technology industry in California should boom.

"The Bay Area Council commends Governor Schwarzenegger, Assembly Speaker Fabian Nunez, Assemblywoman Fran Pavley Fran Pavley is a Democratic politician and previously served as a California Assemblywoman and as the first mayor of the Southern California community of Agoura Hills. She served as a Mayor and Councilmember for four terms. , and Senate President Pro Tempore president pro tem·po·re  
n. pl. presidents pro tempore
The senator who presides over the U.S. Senate in the absence of the Vice President.
 Don Perata Don Perata (born April 30, 1945) is a California Democratic politician, who is the current President pro tempore of the California State Senate. He was elected to the post of President Pro Tempore in 2004.  for reaching a deal on AB 32.

"California and its business community are now leading a revolutionary change regarding climate. Thanks to their hard work, AB 32 will achieve a 25 percent reduction in greenhouse gas emissions by 2020, while preserving California's business climate. Driven by our members and supported by our Executive Committee, the Bay Area Council was the first major business group in California to step forward to support this bill, contingent on some key amendments, which were made.

"Our key stipulations for AB 32 were: first, an emissions goal of 1990 levels by 2020; second, mandatory reporting mandatory reporting The obligatory reporting of a particular condition to local or state health authorities, as required for communicable disease and substance abuse Infectious disease State boards of health maintain records and collect data resulting from MR of  by the largest contributors of emissions to enable the state to track its progress towards targets, based on Climate Action Registry protocols; third, market-based approaches must be implemented that financially reward reducing greenhouse gas emissions; fourth, we called for a related and coordinated investment in cost-effective emissions reductions technology and alternative fuels to accelerate the clean energy sector; and, fifth, we insisted on an Early Action Credit, so that businesses that have already acted to reduce emissions get retroactive credit for their work after the bill goes into effect."

About the Bay Area Council

Founded in 1945, the Bay Area Council (www.bayareacouncil.org) develops and drives regional public policy initiatives and researches critical infrastructure issues. Led by CEOs, the Bay Area Council presents a strong, united voice for hundreds of major employers throughout the Bay Area region whom employ more than 495,000 workers, or 1 of every six private sector employees in the Bay Area. Jim Wunderman has served as president and CEO of the Bay Area Council since April of 2004.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 30, 2006
Words:357
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