Labour go green
April 22 2010
The plan amounts to a commitment by the party to obtain finance to build skills and develop expanded home energy production in the renewables sector.
This would tap into a Green Investment Bank to be established by the Chancellor, Alistair Darling, to fund UK green projects to the tune of some £2bn.
Money for the scheme would be sourced from a combination of asset sales and private sector investment.
The war chest is stated to be ‘crucial’ to bolstering the UK’s still faltering economy.
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