Full Title: Clean Energy and Climate Change Bonds
Author(s): Alliance to Save Energy
Publisher(s):
Publication Date: August 1, 2016
Full Text: Download Resource
Description (excerpt):
Currently, there is legislation in both chambers of Congress proposing to finance the deployment of renewable energy and energy efficiency technologies, as well as climate change adaptation projects, through the issuance of U.S. savings bonds. Termed “Clean Energy Victory Bonds” in the House bill, H.R. 4162, and “Climate Change Bonds” in the Senate bill, S. 2860, the proposals are inspired by the vastly successful World War II “Victory Bonds” program. Over the course of WWII, 80 percent of US households purchased Victory Bonds, helping to raise more than $2 trillion in today’s dollars.