Fine shades of green

"...All three main parties have included some sort of Green Investment Bank in their plans. But they are not interested in capitalising it to anything like the extent that the people pushing the idea - notably Climate Change Capital, an investor and advice company - would like. Backers of the bank want to see the £40 billion ($62 billion) that is likely to be raised from the sale of carbon allowances between 2012 and 2020 to go into its coffers to do good infrastructural work. None of the parties likely to have a say in government will commit to that, leaving the prospect, at present, of a small and rather ineffectual organisation."

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Fine shades of green