This is a great idea to get interested citizens to invest in transitioning to cleaner, more secure energy sources.
Clean Energy Victory Bonds
Reliable, long-term financing has been one of the greatest obstacles to moving the nation toward a clean energy future. Clean Energy Victory Bonds can be a big part of the solution. The Clean Energy Victory Bonds Act of 2012 will create an investment vehicle that allows Americans to invest in one of the fastest growing sectors in the global economy, as well as a means to collectively provide a secure and sustainable energy future, create jobs, and regain our competitive advantage in clean energy technology.
By adopting Clean Energy Victory Bonds (CEVB), the U.S. can harness the power of the American public to invest in the effort to transition to a more sustainable economy with cleaner and more secure energy sources. In the same spirit that Americans invested in WWII Victory Bonds to support the war effort, CEVBs will provide a channel for Americans to mobilize toward the goal of a globally competitive clean technology industry and domestic energy security. The implementation of CEVBs will help facilitate much-needed investments in the development and manufacturing of innovative clean technologies and lead to the creation of 1.7 million domestic jobs.
Under the program Americans could purchase Clean Energy Victory Bonds directly from the U.S Treasury.
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;
-enabling anyone with savings to help put new renewable projects on the ground, with an investment as little as $100;
-offering flexible redemption options between 12 months and 30 years;
-creating a safe investment for Americans that pays a competitive rate of return; and
-helping to create 1.7 million new jobs deploying and maintaining renewable energy development projects.
Clean Energy Victory Bonds are a project of greenamerica.org and the ASBC.