Bank of America Will Spend Fifty Billion Dollars to Combat Climate Change

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Bank of America officials have said that their company will spend fifty billion dollars over the next ten years in order to combat the growing issue of climate change. The new initiative, which is scheduled to start January 1st 2013, will focus on “… promoting energy efficiency; renewable energy, including wind, solar and hydropower; lower-carbon transportation like electric and hybrid vehicles; and water and waste treatment and disposal initiatives” according to the online article by Capital.gr.

Fifty Billion dollars? The Carbon Belch team is glad that we don’t hold Bank of America stock. Hey Bank of America, ever consider a stock dividend to your share holders instead of wasting their money? You can read the Capital.gr online article here: http://english.capital.gr/News.asp?id=1525641

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