So at least we know they got the message. Giving his speech on the government cuts today, George Osborne said:
“Yesterday, protestors scaled the Treasury urging us to proceed with our idea for a Green Investment Bank. Mr Speaker, it's the first time anyone has protested in favour of a bank.”
The Chancellor went on to say the government was going to setup the bank. But only with £1bn. And even that only comes in 2013.
So there's still a long way to go until we have a green bank that has the power and independence to support low-carbon programmes across the country.
We're waiting to hear more details about the bank, but £1bn is far, far short of the £4-£6bn that independent analysts say is needed for it to be effective.
George's green promises have yet to be fulfilled.
