Green Investment Bank

Alan Brown Excerpts
Wednesday 11th January 2017

(7 years, 11 months ago)

Commons Chamber
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Nick Hurd Portrait Mr Hurd
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No. I am afraid that that is total nonsense. If the hon. Lady wants proof points on that, I can tell her that one of the first actions of this Department, within days of the new Government being formed, was to put into law the fifth carbon budget. I am sure that she knows the detail of that, so she will know how ambitious it is. That was not the action of a Government who are shirking their responsibilities in relation to Britain’s role in mitigating climate change.

Alan Brown Portrait Alan Brown (Kilmarnock and Loudoun) (SNP)
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Is the Minister seeking assurances that 100% of the return on any sales of existing assets will be reinvested in green energy in the UK?

Nick Hurd Portrait Mr Hurd
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I think I have laboured to exhaustion the point that one of our priorities is to protect the integrity of the green purpose of the organisation. What we want to hear from bidders is their plan for future investment.