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THE CITY OF 19 i "'�"" -' r „_..,,w "" CITY COUNCIL AGENDA REPORT pLEASANTON November 17, 2020 Community Development Planning Division TITLE: PROVIDE CLIMATE ACTION PLAN 2.0 POLICY DIRECTION REGARDING THE GREENHOUSE GAS EMISSION REDUCTION TARGET PATHWAY, VISION, GUIDING PRINCIPLES, CO-BENEFITS, AND ACTION SELECTION CRITERIA SUMMARY The Climate Action Plan Update (CAP 2.0) has been underway since the start of 2020. The Committee on Energy and Environment (Committee) has been reviewing background documents and providing direction on various elements of the CAP 2.0. A number of these elements will guide the next steps of the CAP 2.0 process. As such, staff is providing an update to the City Council of the Committee's direction to date and is requesting policy direction from the Council on the preferred greenhouse gas (GHG) emission reduction target pathway, vision, guiding principles, co-benefits, and action selection criteria, as recommended by the Committee to date. RECOMMENDATION Provide policy direction to staff and the Committee on five CAP 2.0 topics. Staff recommends the City Council affirm the Committee's recommendation. FISCAL IMPACT There is no financial impact anticipated as a result of this direction at this time. The next phases of the project will include, among other elements, recommendations on a preferred suite of actions the City may take towards meeting GHG emission reduction targets, some of which may result in costs to the City. The City Council will have the opportunity to evaluate the various actions, including their relative costs and benefits, as part of that forthcoming phase of work.