Government’s green bank plans ‘too focused on large utilities’

One of the UK’s leading suppliers of ‘green’ energy has warned that the government’s plans for a Green Investment Bank are too focused on large utilities. SmartestEnergy has welcomed the publication of a report by the Green Investment Bank Commission, also known as the Wigley Report, which effectively set out a blueprint for the construction […]

Low carbon economy needs £550bn investment, says Wigley report

A long-awaited report into the investment needed to create a low carbon UK economy has concluded that the problem “is akin to trying to build substantial new housing stock without a 20-25 year mortgage market”. The Green Investment Bank Commission report – known as the Wigley report after its chairman Bob Wigley – states that […]

EIC warns on Green Bank pitfalls

The Environmental Industries Commission has warned that a Green Investment Bank “will institutionalise a narrow understanding of the economic opportunities of green investment”. The EIC, the lead trade association for the UK’s environmental technology and services industry, was responding to the publication this week of the Green Investment Bank Commission report – known as the […]

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