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"l~h, V ilIage 1'rc~jLct C'amn~ents on the f3ra~7ge C:oe~t~ty C:on~prehct3si~•e Plan L?l~datc l:~raft 2 <br />We need to use the resources that are <br />available to us today in a manner that <br />protects them for future generations. <br />Following is a summary of the key ideas <br />presented in this Comprehensive Plan that <br />relate directly to the goal of achieving a <br />sustainable future. Refer to each of these <br />Plan Elements for more details. <br />1.3.1. ECONOMIC DEVELOPMENT <br />°~^„°. Following is a <br />summary of the key ideas presented in this <br />Comprehensive Plan that relate directly to <br />the goal of achieving a sustainable future. <br />D ~ + 1. ~ +l. Dl T. 1 + 4' <br />~e~s: <br />1.3.1 ECONOMIC DEVELOPMENT <br />Economic development, above all, must <br />address the challenges of global warming <br />and the rapidly diminishing availability of <br />fossil fuels by initiating the transition to a <br />"Post-carbon Economy" in which local <br />COz emissions are reduced to levels that <br />will support climate stability. <br />Long-term economic vitality is best created <br />by developing productive capacity from <br />within. These efforts should result in an <br />effective infrastructure for developing and <br />supporting local enterprise and <br />entrepreneurial efforts, including <br />apprenticeship programs, entrepreneurship <br />training, community-developed finance and <br />investment organizations, and Local Living <br />Economy support networks. <br />Research shows local enterprises create a <br />higher multiplier effect, generate more <br />local revenues, cost less in terms of <br />governmental services and incentives, <br />reduce carbon emissions, and provide stable <br />employment with better wages and benefits. <br />All of these are lost when development <br />offices recruit large-scale, non-local, non- <br />integrated, and cost-externalizing <br />companies that undermine local enterprise <br />initiatives. <br />Considering current social, economic and <br />1~~ <br />Page 2 July 11, 2008 <br />