Agenda - 10-07-2008- 7b - Laserfiche WebLink

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205 '~I'nc ~~illage Project Comments nn the Orange Caunty C:onapreIa.ensive Plan Update Dra~fi 2 We need to use the resources that are available to us today in a manner that protects them for future generations. Following is a summary of the key ideas presented in this Comprehensive Plan that relate directly to the goal of achieving a sustainable future. Refer to each of these Plan Elements for more details. . Following is a summary of the key ideas presented in this Comprehensive Plan that relate directly to the goal of achieving a sustainable future. U f i, f tl, 7D1 T/ l nm u w {''"• 1.3.1. ECONOMIC DEVELOPMENT 1.3.1 ECONOMIC DEVELOPMENT Ecorxornic development, above all, must address tlxe .challenges of global warming and the rapidly diminishing availability of fossil fuels by initiating the transitiorx to a "Post-carbon Economy" in whiclx local COa emissions are reduced to levels that will support climate stability. Lorxg-term economic vitality is best created by developing productive capacity from within. These efforts should result in an effective infrastructure for developing arxd supportirxg local enterprise and entrepreneurial efforts, irxcluding apprenticeship programs, entrepreneurship training, community-developed finance and investment organizations, and Local Living Economy support networks. Research shows local erxterprises create a higher multiplier effect, generate more local revenues, cost less irx terms of gaver~nmerxtal services arxd irxcentives, reduce carbon emissions, and provide stable employmerxt with better wages and benefits. All of these are lost when development offices recruit large-scale, non-local, non- , integrated, arxd cost-exterrxalizing companies that undermine local enterprise initiatives. Corxsiderirxg current social, economic arxd Page 2 July 11, 2008