Green Options

There is no doubt that yesterday’s US presidential election was a historic event. No matter who you supported in the race, the fact that Americans elected a multiracial president is a significant event in a country where African Americans were once slaves.

U.S. stocks advanced today in the biggest presidential Election Day rally in 24 years. This has been led by energy and banking shares, on higher commodity prices and speculation the Treasury will bail out more financial companies. (Bloomberg)

Economic populism involves an economic philosophy urging social and political system changes. In the current political and economic climate, the public concern over the inequity of wealth appears to be at a peak. There is a growing call by Senator Barack Obama and democrats to raise taxes on the wealthy to shrink the wealth gap. But is it true that the rich are getting richer? Or are the rich actually in danger of losing a significant portion of the nation’s [...]

Barack Obama spoke in Toledo, Ohio on Monday about his economic plan, promising five million new, high wage jobs in renewable energy.

As part of the current Canadian election campaign, leaders of the Canadian Liberal Party have announced a plan for spending more than a half a billion dollars to improve the energy efficiency of homes across Canada, if they are elected next month.

Under the four-year proposal, the Liberals would offer homeowners $10,000 in financial support for investing in energy-saving measures such as insulation, weatherproofing and more efficient heating systems.

Up to $10,000 would also be available to homeowners as an interest-free “green mortgage loan” to help with up-front costs and major retrofits.