Reacting to Shadow Chancellor George Osborne's Speech at Imperial College today, Greenpeace executive director John Sauven said:
"A new bank to drive money into green investment is a good proposal. We now need clarity on how the Conservatives would make this sufficiently ambitious to provide the tens of billions needed to create a low carbon economy and develop new green industries.
"We need to encourage long term investment from pension funds and savings schemes to fund clean energy projects.
"What's missing from the debate is a green strategy for taxation that will reward companies and individuals that reduce their carbon emissions and save resources, and penalise those that needlessly pollute."
