Green Investment Bank Debate

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Green Investment Bank

Robert Smith Excerpts
Tuesday 24th May 2011

(13 years, 6 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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I cannot confirm that. If the information is available, I am sure we can pursue it in the proper way. As it happens, I met the Competition Commissioner last week and he did not refer to that, but he is alerted to the green investment bank state aid application, and he will deal with it professionally, I am sure.

Robert Smith Portrait Sir Robert Smith (West Aberdeenshire and Kincardine) (LD)
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One of the crucial things for investors in the green investment bank will be certainty in understanding signals to the market. I understand that investors in bioethanol plants are uncertain as to where the renewable fuels obligation is taking them in this investment climate. Will the Government undertake to make the bank really work by ensuring that investors in that technology have certainty about their future when it comes to Government policy?