Reckless endangerment of GIB
Oct 30, 2013
Bishop Hill in Climate: Parliament

Mark Reckless, the Conservative MP for Rochester and Strood, has revealed on his blog that a group of his colleagues will potentially put a large spanner in the works of Vince Cable's boondoggle triumphant, the Green Investment Bank.

Today the House of Commons votes (in a deferred division between 11.30am and 2pm) on whether to restrict funding to the Green Investment Bank following the Prime Minister’s statement a week ago that we “need to roll back the green charges”.

MPs are normally only able to scrutinise taxation decisions, but the unusual structure of the bank means that they get the chance to cast an eye over this particular vested-interest creation scheme.

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