Green America (formerly Co-op America) offers seven solutions to our current economic crisis that simultaneously aid the environment. You can read all of them here, but my favorite is the idea of 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 — that would be almost $2 trillion in today’s dollars.
I’d buy one, would you?
Hell yes, I’d buy them! This is exactly the type of investment I’ve been looking for.