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Durbin and Boxer Push for "Climate Change Bonds"

Senator Dick Durbin is teaming up with California colleague Barbara Boxer on new climate change legislation. While such efforts usually focus on the believed causes of climate change or global warming, Durbin says new legislation would deal with the effects...

The bill calls for the Treasury Department to issue up to $200 million annually in "Climate Change Bonds." Durbin notes Americans concerned about the issue will have a chance to put their money where their mouth is...

The bonds would be similar to ones used during World War II that helped finance the successful war effort.

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