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CAP 2.0 Target Pathway Earlier in the CAP 2.0 process, the City Council established a target pathway that meets the state greenhouse gas (GHG) reduction target for 2045 (i.e., B-55-18 with a target of carbon neutrality by 2045) and provides a linear trajectory of reductions back to 2020, as seen in Figure 1. The target pathway includes a short-term 2030 emissions target of 341,118 MTCO2e' calculated as mass emissions and 4.11 MTCO2e per capita. The CAP 2.0 aims to set policy direction (through strategies and actions) to meet the City's GHG emission reduction target pathway. The long-term 2045 target (of zero MTCO2e per capita) is intended to be aspirational and set the trajectory of emissions reductions. The CAP will require an update around 2030 to assess emissions reductions, evaluate new legislation, and incorporate updated technologies that emerge. As such, the proposed action list presented to the Council focuses on GHG reductions through 2030 as its primary yardstick. rigure 1: GAF 1.0 i arget F'atnwa 14.00 12.2 12.00 OL♦ MTCO2e Per Capita ♦ 10.00 8.00 `~��.♦ MTCO2e Per Capita 6.00 1% -% w� 4.00 4.11.E MTCO2e Per Capita 2.00 "b. B-55-18 State Target 0.00 0 MTCO2e Per Capita 2005 2010 2015 2017 2020 2025 2030 2035 2040 2045 2050 *MT —�— Target Pathway Cost -Benefit Analysis The City's professional service team, Cascadia, prepared a Cost -Benefit Analysis for CAP 2.0 actions, which is provided as Attachment 4. The Cost -Benefit Analysis provides estimates of GHG impact (i.e., reductions) and cost for potential CAP 2.0 actions. The analysis also provides GHG impact estimates for existing/ongoing City actions, which includes activities and programs already endorsed in City plans and policies (e.g., implementation of the Trails Master Plan) as well as implementation of mandated activities (e.g., SB 1383 compliance). ' Metric ton of carbon dioxide equivalent. Page 3 of 11