I disagree with the hon. Lady, because the privatisation and sale of the Green Investment Bank is about ensuring that more money is available from the private sector to carry out that particular sort of investment. Forgive me, but it really is not the role of Government to gamble and make investments with taxpayers’ money. That was right in 2012 when, as mentioned by the hon. Member for Brent North (Barry Gardiner), the Green Investment Bank was set up because of an accepted market failure. However, the idea that the Government are throwing it away, as he put it, could not be further from the truth. The Green Investment Bank is a real success story. No one is seeking to pretend that it is anything else. We want its success to continue, but in the private sector.
Enterprise Bill [Lords]
Proceeding contribution from
Anna Soubry
(Conservative)
in the House of Commons on Tuesday, 8 March 2016.
It occurred during Debate on bills on Enterprise Bill [Lords].
About this proceeding contribution
Reference
607 c160 Session
2015-16Chamber / Committee
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2016-03-11 11:46:45 +0000
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