Green Investment Bank sell-off process 'deeply regrettable', say MPs

Green Investment Bank sell-off process 'deeply regrettable', say MPs
 

MPs have accused the government of a “deeply regrettable” failure to put in place strong guarantees that the UK’s green investment bank will continue to support renewable energy after its privatisation.
The public accounts committee said it was unclear whether the bank would continue to support the government’s energy policy or climate change goals, because the bank’s new owner is not legally bound to stick to its green aims.
The bank was launched in 2012 to spur investment in renewable energy, energy efficiency and other parts of the “green economy”, but sold by government last year to... read more

 
14 March 2018 in Business, Views: 55
Source: Guardian
Share:
 




News Widget for Webmasters


Realtime News

 

«
»
Mo Tu We Th Fr Sa Su
        1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30