mr. k mr. collins' input of 2% will be 1.5%. i fell short. i'll submit the rest of my comments in write. >> t >> we also have a speaker card for henry jepsen. >> fantastic. thank you. i represent an interest group that's been consulted on this project here. we're an independent n nonforprofit based in new york and look to enable an orderly transition to a low-carbon economy. we were found on the premise of we can't burn it all. we developed the idea of stranded assets in 2011 because of the disconnect between allowable emissions according to climate scientists an what's available according to emissions in the ground and around the world. we're working with investors because we think investors play an important role to be active both to persistent use of and some of the trends and and we see prices go down and that means it will be likely bad investment but it had to be an orderly transition. we all know what happened in the financial crisis. it was a disorderly mess that came from that. what we are encouraging investors like yourself is to position yourself win the winners and losers. you can use scenario analysis and take active engagement which is part of the toolbox that you as investors need. and this would go hand in hand. active engagement meaning some companies are not willing to change and wake up and smell the [indiscernible] thank you. >> thank you very much. those are all the speaker cards. is there any other members of the public that would like to address the commission? >> i'm part of fossil free s.f. i want to start off by thanking mr. collins for meeting with a few of us yesterday. i think you made an excellent hire and i appreciate the emphasis on using open source and publicly available data. it makes it something that could be of use to cities and pension funds across the world. and you should be proud of what you accomplished and the level of carbon-restricted funds is admirable. we finally have the answers that commissioner has asked about the riskiest fossil fuels. only having a few days to digest it looks like a rigorous and data-driven approach to identifying the worse of the worse and riskiest to the riskiest. how conservative do you want to be about climate change? every new report shows climate change is happening faster and faster and the likelihood of an orderly transition seems less and less likely and the potential for a carbon bubble to pop and have large losses from stranded assets seems greater and greater. i would encourage you to have a more conservative approach and divesting from seven compan