Mr. FILNER. Mr. Speaker, I have introduced the Clean Energy Victory Bonds Act. (H.R. 6275) The purpose of this legislation is to invest in a clean energy future.
This legislation will allow all Americans to invest in new clean energy technologies that will create over 1.7 million competitive American jobs, increase energy security, and secure our nation's competitiveness in the rapidly growing field of clean energy technologies.
With Clean Energy Victory Bonds, today's Americans can invest in our nation's future, and ensure that the American economy remains competitive for generations to come. Funds raised from Clean Energy Victory Bonds would:
Create billions of dollars in incentives to accelerate the development of clean energy and energy efficiency technologies;
Create over 1.7 million new American jobs;
Ensure that the U.S. is a world leader in this increasingly crucial and competitive sector;
Reduce U.S. dependence on foreign sources of energy;
Allow Americans a safe opportunity to invest in the future of their country.
The Clean Energy Victory Bonds Act draws on the powerful history of Americans investing together to ensure our nation's victories. During World War II, millions of Americans purchased Victory Bonds, raising over $185 billion for the war effort, the equivalent of over $2 trillion in today's dollars.