Bond news: IRS provokes roaring laughter w. Destiny Green Bond ruling

kristy Reforming Global Finance

You have to hand it to the US IRS (Internal Revenue Service) – they seem to have a sense of humour.

In 2004, the US Congress created tax-credits for Green Bonds for large construction projects that would serve as demonstrations of alternative energy technologies. In 2007 Destiny USA issued $228m in Green Bonds under the program to […]

See the rest at http://climatebonds.net/2012/03/bond-news/