Greenpeace Response to Green Investment Bank in Queen’s Speech

9 May 2012

Greenpeace Response to Green Investment Bank in Queen’s Speech

Responding to the inclusion of the Green Investment Bank in today’s Queen’s Speech, Louise Hutchins, senior energy campaigner for Greenpeace, said:

“The Green Investment Bank could well be a key vehicle to help us out of these tough economic times, and also a clever way to tackle climate change while giving a much needed boost to cutting edge, clean home-grown technologies.

“But it will struggle to do these important things if the Bank is little more than a poorly funded quango. It’s got to have the borrowing powers that will see it succeed, and that will bring success to the British renewable energy industry.”

ENDS

Greenpeace press office: 020 7865 8255