Consumers are more concerned about cleaning up their desks than cleaning up the environment, with 63 percent of consumers surveyed telling Javelin Strategy & Research that they'd turn off paper statements to reduce clutter, but only 44 percent say they'd do so to improve their impact on the environment. And the word that identity theft is most often launched in the physical world hasn't fully sunk in, just 38 percent say they'd turn off paper statements to avoid the chance of someone stealing them.
Uncle Sam's Enviro-bank?
Banks have seen much more red than green lately, and one Congressman is looking to establish an independent, not-for-profit green bank that will provide financing for qualified clean energy and energy efficiency projects. Sponsored by Chris Van Hollen (D-MD), the Green Bank Act of 2009 would provide initial funding of $10 billion through the issuance of Green Bonds by the Treasury Department.
Green Bank Goes Solar
Houston-based Green Bank has become a testing site for Ignite Solar, allowing the firm to test thin film solar panels that move across the bank's roof on a motorized tracking system following the sun's daily and yearly movement. To maximize energy collection, panels must remain perpendicular to the angle of the sun for as long a period each day as possible.