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04/22/2013 <br /> 2.2 Meeting Emissions Targets <br /> The measures described in this Climate Action Plan, combined with statewide legislation and <br /> initiatives, will enable the City of Redwood City to meet its emissions reduction target of 15 <br /> percent below 2005 levels by 2020. <br /> The table below shows the contribution of the three major statewide emissions reduction <br /> initiatives combined with the proposed CAP measures.3 Based on the inventory and forecast, <br /> the City of Redwood City needs to achieve 206,627 MTCOZe of emissions reductions to meet its <br /> 2020 goal. The estimated reductions described and accounted for in this Plan, including those <br /> from statewide measures, equal 208,251 MTCO2e, exceeding the minimum reductions required <br /> to meet the City's target. <br /> Table 3: Meeting the 2020 Target <br /> State Initiative Sector %Reduction from Reduction in City's <br /> 2020 GHG Inventory Emissions <br /> AB 1493(Pavley) Transportation 19.7% 75,806 <br /> LCFS Transportation 7.2% 27,706 <br /> 33% RPS Electricity 21% 41,185 <br /> (Energy) <br /> A.Total Statewide Initiative Emissions Reductions(ER1 + ER2 + ER3) 144,697 <br /> B.Total City Climate Action Plan Reductions Measures 63,554 <br /> C.Total Expected Emissions Reductions by 2020(A+g) 208,251 <br /> D. City of Redwood City Emissions Reduction Requirement for 2020 206,627 <br /> E. Meets/exceeds state goals? (C> D) Yes <br /> 2.3 Management of GHG Reduction Strategy <br /> Support is needed to direct the implementation of the Plan measures. This section details how <br /> the City can organize to put this Plan into action. <br /> 3 AB 1493 (Pavley) refers to the Assembly Bill that directs the Air Resources Board to adopt standards that will achieve "the <br /> maximum feasible and cost-effective reduction of greenhouse gas emissions from motor vehicles," taking into account <br /> environmental, social, technological, and economic factors. LCFS refers to the State of California's Low Carbon Fuel Standard, <br /> which mandates a 10 percent overall reduction in the carbon intensity of transportation fuels by 2020. Lastly,33%RPS refers to the <br /> California Renewable Portfolio Standard,which requires electric utilities to have 33 percent of their retail sales sourced from eligible <br /> renewable resources in 2020 and all subsequent years. <br /> 23 <br /> RESO.#15258 <br /> MUFF#205 <br />