In the following video, Motley Fool financial analysts Matt Koppenheffer and David Hanson discuss Bank of America's (NYSE:BAC) massive lending initiatives toward green energy. The bank recently met its goal of $20 billion worth of financing activities in areas such as solar and wind power, energy efficiency, and hybrid cars, and it has now set a new goal of an additional $50 billion over the next 10 years. Is this a win for investors, or are these initiatives still too risky?
David Hanson has no position in any stocks mentioned. Matt Koppenheffer and The Motley Fool own shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
