Great news! We have a bill!
U.S. Reps. Zoe Lofgren (D-CA) and Doris Matsui (D-CA) have introduced the Clean Energy Victory Bonds Act of 2014!
One of Green America’s high-priority initiatives for some time, Clean Energy Victory Bonds (CEVBs) are modeled after World War II Victory bonds (one of the most successful fundraising efforts in US history). If passed into law, they will allow citizens to invest directly in the deployment of renewable energy in the United States.
The money these bonds will raise will fund essential tax credits to renewable sources like wind, solar, and geothermal, as well as companies specializing in energy-efficiency. These industries will reduce the demand for fossil fuels, reduce the amount of CO2 poured into the atmosphere, and create one million good US jobs that cannot be shipped overseas.
What’s more, CEVBs will help secure the position of the United States as a a clean energy leader. China, Germany and other nations are currently outspending the US on clean energy and are already seeing the benefits of job creation and plentiful clean energy.
Here’s to clean energy NOW,
Climate Action Program Director
P.S. Please consider a donation to our Climate Action program to support our work together for a clean-energy future. And to find clean-energy mutual funds and other fossil-free investing vehicles, visit greenamerica.org/fossilfree.