Pitch
Create a government sponsored bond marketplace spoofing the early 20th century "War Bonds" that funds residential solar installations.
Description
Summary
https://docs.google.com/file/d/0B88DfIEOpIbvSW9VR3lFOThnZFk/edit
Investors get safe, 30 year bond investments. Residential customers get an easy, low cost solar financing option. The planet gets a more resilient grid that avoids additional infrastructure investment costs, reduces capital expenditures for new generating capacity, and of course a reduction in CO2 production coupled with increased US energy independence.
Category of the action
Decarbonizing energy supply
What actions do you propose?
Government creates a bond marketplace in partnership with existing sites like Treasury Direct, Lending Club and owns the marketing. It might be financed through a management fee on the bonds instead of taxpayers.
Who will take these actions?
Government creates a bond marketplace in partnership with existing sites like Treasury Direct, Lending Club and owns the marketing. It might be financed through a management fee on the bonds instead of taxpayers.
Where will these actions be taken?
What are other key benefits?
What are the proposal’s costs?
Could be self-financed through a management fee on the bonds.
Time line
Related proposals
References
https://docs.google.com/file/d/0B88DfIEOpIbvSW9VR3lFOThnZFk/edit