Tomorrow's energy market reforms overshadowed by U-turn on Green Investment Bank
Tomorrow the Government will propose reforms to the energy market which aim to kickstart the process of rebuilding Britain's power infrastructure over the coming decades.
But today's Guardian newspaper also reports that Climate and Energy Secretary Chris Huhne is considering downgrading plans for a new 'Green Investment Bank', which would strip it of powers to issue 'green bonds' and leave it with the status of a conventional government fund for an unspecified period of time.
Reacting to the news, Greenpeace policy director Dr. Doug Parr said:
