In This Issue:

• RUMOURS OF SPECIAL SESSION

• INDUSTRY RELEASES AB 32 ECONOMIC ANALYSIS RESPONSE

• 2008 INDUSTRY AWARDS GALA

• AB 32 SCOPING PLAN RELEASED

• CBPA BOARD MEETING

• NAIOP SESSION WITH CITY MANAGERS

• CORPORATE WATER FOOTPRINTING CONFERENCE

RUMOURS OF SPECIAL SESSION

Governor Schwarzenegger is calling for the Legislature to reconvene to deal with the already multi-billion dollar out of whackedness. Legislators are resisting the call stating a plan should be worked out by leaders before all members come back to Sacramento. There is also the little issue of an election only eleven days away. In conjunction with his call for a special session, the Governor is seeking ideas on ways to stimulate the state’s economy. CBPA is gathering ideas from members and would like to hear from you.
 

INDUSTRY RELEASES AB 32 ECONOMIC ANALYSIS RESPONSE

Calling for a more realistic economic assessment of the state's climate plan, the AB 32 Implementation Group has provided testimony and written analysis to help the California Air Resources Board members better understand the impacts of proposed regulations on business.

The analysis of the AB 32 Scoping Plan analyzes the plan that the group believes led to the overly optimistic conclusion by CARB staff. The analysis also calls on the agency to conduct a more comprehensive economic analysis that determines the cost of the state's climate change plan on California companies and consumers before it is implemented.

CBPA is a member of the AB 32 Implementation Group Steering Committee.

To read the AB 32 Implementation Group letter to Mary Nichols, click here.

To read the comments on the economic analysis, click here.
 

2008 INDUSTRY AWARDS GALA

More than two-hundred and sixty industry leaders gathered in Newport Beach for the 2008 CBPA Industry Awards Dinner.

CBPA Industry Awards are given to leaders in the commercial, industrial, and retail real estate industry that have significantly contributed to the advancement of the profession.

Champion of the Industry Award Honorees
Retail: Brian Smith, Regency Centers
Industrial: John Hagestad, Sares-Regis Group
Office: Steve Soboroff, Playa Vista

Ernie Hahn Memorial Award Honoree
Building Owners and Managers Association California (BOMA California)

John Caldecott Award Honoree
Starbucks

Congratulations to all 2008 winners.
 

AB 32 SCOPING PLAN RELEASED

***The following document is going to change the way you live and do business in California. You should know what AB 32 is and be active in shaping its impacts.***

Hot off the virtual presses, click here to read the just released AB 32 Scoping Plan (October release) from the California Air Resources Board. As an industry, we provided 12 pages worth of comment on the draft scoping plan/appendices/economic analysis. Energy efficiency in existing buildings and “green buildings” are a large part of the strategy contained herein. We will prepare further comment for this draft, so please circulate to interested people and ask for thoughts/analysis.
 

CBPA BOARD MEETING

Yesterday, in Orange County CBPA held its final board meeting for 2008. The board discussed a broad range of policy issues important to the industry, from policy items to pursue next year in the Legislature, how SB 375 will impact development, how to best address the water crisis, and how to best represent the commercial/industrial/retail real estate industry through the AB32/Greenhouse Gas reduction regulatory process.
 

NAIOP SESSION WITH CITY MANAGERS

You are invited to attend a Sacramento area luncheon and City trade show addressing commercial real estate development opportunities. Sacramento area City Managers will address the incentives available to commercial developers in their city and identify local opportunities and challenges that developers may face. The luncheon is Thursday, October 30, in Sacramento. Click here for more information.

CORPORATE WATER FOOTPRINTING CONFERENCE

How can water management help companies and your properties save energy and costs? How does water reduction drive sustainability? These are two of the central questions being answered at the Corporate Water Footprinting event which is taking place December 2-3 at the Hyatt Regency in San Francisco.

Confirmed speakers include sustainability experts from Pepsi, Coke, ConAgra Foods, Nestle Waters, IBM, Cisco, Adobe, Intel, GE, Dean Foods, Steelcase, JP Morgan and more. Water management experts from The Global Water Challenge, Business for Social Responsibility, The Pacific Institute, and the World Resources Institute are also speaking.

CBPA is supporting this event which entitles any member a discount of 20% to attend this event. Simply type “csrw20” into the discount code box when booking online or quote “csrw20” when booking by phone or fax. For more information, click here to visit the website.