Green wash
I read an April Fool's article today about how Donald Trump was going to issue green bonds to build the border wall and put solar panels on it. It was written by Climate Bonds Initiative, the leading proponent of the green bond market. Humour for green finance nerds goes something like this:
He further tweeted “We’re even going to build in batteries from that electric car guy, Elon Mosque. Say, he isn’t muslim is he?”
The US Treasury is understood to be targeting a USD3 billion placement, with the proceeds allocated to a first portion of the new wall in Arizona.
The White House announcement also specified that only recycled timber and low-carbon cement would be used, and that windows through the wall would all be triple-glazed. A spokesperson denied rumours that the wall would also be washed green.
April 1