Apple Issues $1 Billion Green Bond After Trump's Paris Climate Exit (reuters.com)

An anonymous reader shares a report: Apple offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday, the first corporate green bond offered since President Donald Trump withdrew the United States from the Paris climate agreement. The offering comes over a year after Apple issued its first green bond of $1.5 billion -- the largest issued by a U.S. corporation -- as a response to the 2015 Paris agreement. Apple said its second green bond is meant to show that businesses are still committed to the goals of the 194-nation accord. "Leadership from the business community is essential to address the threat of climate change and protect our shared planet," said Lisa Jackson, Apple's vice president of environment, policy and social initiatives.

Comments

You're All Fucking Retarded

[sexconker]

Only 2 people so far have understood what the fuck this means.

They're ISSUING A BOND. That means someone can GIVE APPLE MONEY and get a BOND which will, in theory, earn interest over time.
Someone could then CASH THAT BOND and Apple would have to pay them the face value of the bond plus any accrued interest.

What is the interest rate?
When does it fully mature?
What is the money going toward?
Are there guarantees? (Typically there are with a bond.)
What will Apple do with the money?
What other little gotchas are there?

Re:YES!

[MightyMartian]

Seriously? Are you a fucking retard? The absorption and emission properties of CO2 have been known for over a century. I have to assume you are indeed a complete fucking moron.

http://irina.eas.gatech.edu/EA...