Shadow Chancellor's Green Investment Bank promise is exactly what we need
Reacting to Ed Balls' speech today (Monday 23 September 2013) at the Labour Party Conference, Friends of the Earth's Director of Policy and Campaigns Craig Bennett said:
"The Shadow Chancellor understands that the only long-term plan which works for Britain has low-carbon growth as its cornerstone.
"Mr Balls' promise to let the Green Investment Bank borrow to invest and bring in a 2030 target for clean energy is exactly what we need to restore battered investor confidence.
"But with living standards falling, Mr Balls should've backed a nationwide insulation programme to cut bills, which would be a far more prudent use of cash than HS2.
"Tomorrow, Ed Miliband must put low-carbon at the centre of his speech and take the opportunity to slam the Government's green record so far."
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