Friday, October 24, 2008

Proposition H is the measure on the San Francisco election ballot that will cause the city to set of a course of achieving 100 percent clean energy use by the year 2040.  Assemblyman Mark Leno said it best:

Prop. H puts us on the path to energy independence by requiring that 100 percent of San Francisco's energy come from clean sources by 2040. Prop. H would require expert study and public input to determine whether San Francisco should control more of its energy delivery or maintain the status quo. The choice is: Should San Francisco establish a mandate to switch on clean energy, or continue the failed policies of the past? Opponents of Prop. H - funded by PG&E - argue that the measure allows the mayor and Board of Supervisors to issue revenue bonds, and eliminates your right to vote on them. However, Charter Section 14.102 empowers voters to nullify any ordinance, fiscal or otherwise.
Prop. H updates provisions approved by voters in November 2002 that allow the mayor and board of supervisors to issue water and sewage revenue bonds. This updated approach is an industry standard, allowing the cost-effective issuance of bonds when ratepayers get the best deal. Bonds under Prop. H come with stricter safeguards, because they can be authorized only after expert study, public hearings and fiscal analysis by the San Francisco's budget analyst, currently Harvey Rose. The unelected executives at PG&E never face voters, yet have the authority today to issue revenue bonds.

Prop H also will not result in a "PG&E Powergrab" as its opponents have charged.  Voting "Yes" on H will only set the city on the right path toward a greener future.  Vote "Yes on H."  







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