Clean Energy Victory Bonds - What do you think?

[kristopher]

Found this at truthout as a small part of a larger article. The entire piece is well worth the read, and I was truly impressed with this idea.

...Clean Energy Victory Bonds

Those less inclined to take to the streets still have options for supporting clean energy. The Nation's Peter Rothberg suggests supporting the idea of Clean Energy Victory Bonds (CEVB), as conceived by the group Green America. This idea requires Congress to pass legislation, but "it seems like a no-brainer," Rothberg writes.

"According to Green America, CEVBs would benefit the economy, the environment, and investors, by uniting individuals, communities, and companies to help finance the rapid deployment of renewable energy projects and energy efficiency upgrades," he says. Other benefits: it's a safe and potentially flexible investment, and the bonds could help create 1.7 million jobs....

Read the rest of 'Want to Combat Climate Change? Ignore Congress' at http://www.truth-out.org/want-combat-climate-change-ignore-congress63141

[jwirr]

1. At least we could know where our money was going.

[Kolesar]

2. Investors are out of the stock market and marking time in money market accounts

This sounds like a fine product for many of them. Are they insured?

[pscot]

3. I like it

n/t