Green Investment Bank sell-off plans alarm MPs and peers

‘Ludicrous.

Under the Conservative Government’s proposals, the Green Investment Bank will be able to invest in the worst-polluting industries – and will probably do so, if controlled by private investors.

Won’t this create an issue with the Advertising Standards Authority?

Controversial plans to privatise the government’s Green Investment Bank (GIB) have run into serious trouble in parliament amid fears among MPs and peers that the sale will strip it of any legal requirement to back exclusively green projects and promote a low-carbon economy.’

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