2. Clean Energy Victory Bonds
How are we going to pay for this green energy revolution? Green America and our allies at Clean Edge propose Clean Energy Victory Bonds. Modeled after victory bonds in World War II, Americans would buy these bonds from the federal government to invest in large-scale deployment of green energy projects, with particular emphasis in low-income communities that are hardest hit by the broken economy. These would be long-term bonds, which would pay an annual interest rate, based in part on the energy and energy savings that the bonds generate. During WWII, Americans bought over $185 billion in bonds%u2014that would be almost $2 trillion in today%u2019s dollars.
Millions of people are looking for a way to help the country right now. During the townhall- style presidential debate, one person posed this question to the then-candidates: "What would you ask us to do?"
Green America%u2019s answer: Invest in Clean Energy Victory Bonds so our country can start building the clean-energy infrastructure and get people to work in good, green jobs, right now.
Sign up for the Green America e-newsletter to help advance these and our other green energy policy measures all year long.
The United States economy shed 533,000 jobs in November, marking the largest monthly job loss since 1974, during the recession triggered by the first oil shock in 1973.
(VIEW this and ask yourself why?
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