Description
Author Gary Keir gives us an innovative idea that could have a profound effect on global warming. Everyone is dependent on heat, mechanical and electrical energy. The majority of that energy is now derived from burning the remarkable chemical compounds found in fossil fuels. Fossil fuels have served us well, but they have some very serious unwanted side effects. Now, we know it is time to move on to cleaner options. But these options require investment. Anyone, from an apartment dweller to a large corporation, has the opportunity to be involved in the solution to reduce GHG emissions. The funds collected by the sale of Carbon Xprint Bonds would be used as a socially responsible investment in energy efficiency (EE) and renewable energy (RE) projects. Some of these funds could be used as loan loss reserves or other credit enhancements to keep capital affordable for markets such as residential and affordable multi-family housing.
