Clean Energy Victory Bonds Act of 2014 Re-Introduced in House

Through the purchase of Victory Bonds after WWII, 85 million Americans spent over $185 billion ($2 trillion in today’s dollars) to fund our nation’s infrastructure. Imagine doing the same for clean energy infrastructure through Clean Energy Victory Bonds.

That’s what Green America has long been promoting and legislation has been re-introduced in the House of Representatives – The Clean Energy Victory Bonds Act of 2014.

For as little as $25, American would be able to buy US-government backed bonds – a new form of Treasury Bond – that directly supports US solar, wind and other renewable energy sources, advanced biofuels, electric vehicles, residential and commercial energy efficiency programs. 

Bond Victory1

Bond Victory

First introduced in 2012, the legislation didn’t make it to the floor for a vote. Will it this time? It’s worth your time to help.

The bill is officially sub-titled, "To promote the domestic  development and deployment of clean energy technologies required for  the 21st century."

Green America calculates $50 billion in bonds would be leveraged to finance $150 billion for efficiency and clean energy, while creating a million jobs. It would provide a steady, long-term flow of money for these vital industries, enabling them to plan for growth without having to worry about whether or when tax breaks are eliminated.  

Americans want to support a strong clean energy industry and this would provide us with the reciprocal benefits of a secure, government-backed investment vehicle.

Please thank your representative if they are on this list of initial sponsors:

Reps. Zoe Lofgren (D-CA) and Doris Matsui (D-CA) introduced the bill with 14 co-sponsors: 

Mike Honda (D-CA), Judy Chu (D-CA), Tony Cárdenas (D-CA),  Lois Capps (D-CA), George Miller (D-CA), Eleanor Holmes Norton (D-DC), Mike Quigley (D-IL), Katherine Clark (D-MA), Niki Tsongas (D-MA), Chellie Pingree (D-ME), William Clay (D-MO), Carol Shea-Porter (D-NH), Rush Holt (D-NJ), Steve Israel (D-NY) and Matt Cartwright (D-PA).

"Now is the time to create a clean energy investment option backed by
the full faith and credit of the U.S. government, one that millions of
Americans can buy,"
says Fran Teplitz of Green America.

We couldn’t agree more. 

Visit the Clean Energy Victory Bonds website where you can pledge to buy the bonds and contact your representative asking her/him to co-sponsor (or thank them for doing so):

Website: [sorry this link is no longer available]     
(Visited 6,573 times, 23 visits today)

Comments on “Clean Energy Victory Bonds Act of 2014 Re-Introduced in House”

Post Your Comment

Your email address will not be published. Required fields are marked *