Clean Energy Victory Bonds
You go to the gym every day… you take your vitamins…you juice… eat a healthy diet… watch your carbs… eat no refined sugars or flours… you don’t smoke… you see your doctor regularly. You take such great care of yourself. You look good. You feel good. You should because you work at it. But, you live in a polluted world. You swim in a polluted ocean. You are forced to walk in and out of your office building through doors around which every smoker in the 55 story tower congregates. Try as you might, you cannot change this one simple truth: the state of your physical health does not rest solely in your hands. What can you do? Only your part. But what is your part? It’s whatever you make it… whatever you want it to be.
One thing you can do is reduce your personal carbon footprint by considering sustainable energy alternatives. On an even greater level, you can encourage your family, friends and co-workers to write their respective Congressmen asking them to support San Jose Rep. Zoe Lofgren’s Clean Energy Victory Bonds (CEVB) Act of 2014. Of course, I would never ask you to endorse something with which you are unfamiliar. So, if you are, I’m happy to provide some helpful information.
This act was actually proposed in April, 2014. Its goal: to create tax credits designed to promote and propel investigative research and manufacturing of alternative energy resources. Among the projects earmarked for funding include further advancements in wind, solar, and geothermal energy and electric powered vehicles. The act would also subsidize studies and advancements in other sustainable forms of energy, such as biofuels.
It has been estimated that a fee of $25. per bond would generate approximately $50 billion dollars. Not too shabby, as they say, especially when one considers this figure has not taken into account any private or matched funding. Sadly, this bill, like so many other important legislative enactments has met a serious hurdle only to be stalled before the Energy and Commerce Committee of the House of Representatives. So, for the time being, despite the support of nearly forty Democratic sponsors CEVB H.R. ~ 4426, as it has come to be known, cannot pass go and we cannot collect the $ 50 + billion dollars that would help our nation create a cleaner and greener planet for future generations.
Although my personal and professional commitment to the environment wholeheartedly supports the passage of CEVB as a businessman, I can understand the economic-related concerns of some of the Representatives of the states opposing it. Naturally, coal, oil and gas (fracking) producing states like Kentucky and Texas have much to lose in the way of jobs. Yes, in these volatile times, that would be sad. But we simply cannot wait any longer if we ever expect to begin to mitigate the damage caused by fossil fuel pollution. Look at the damage we have done to ourselves by not acting sooner: from ever increasing health problems and the cost required to address them, to unprecedented and disastrous weather changes and the crop and property damage that ensues….we have to act and act now.
This won’t be the first time our nation has taken a major but mandatory step toward initiating changes to facilitate a healthier population and environment. Just look at the tobacco industry. Think of the lives we’ve improved, even saved by being forceful in our commitment to change. No, I’m not just talking about smokers…but also the lives of their spouses, children…even those unborn. It’s time to follow our collective moral compass.
So, the next time you go to the gym…think of the bigger picture. What can you do? Only your part. But what is your part? It’s whatever you make…whatever you want it to be. After reading this, I hope what you want it to be is a healthier tomorrow.