The Green Investment bank was set up by Lib Dem Vince Cable in 2012.

It has invested £2.3 billion into the UK’s green economy bringing in a further £7 billion in from the private sector and its operations are already profitable.  As a result the UK has more renewables, more combined heat and power plants, more energy efficient road lighting, more heat pumps.  It has been a great Coalition success, down to Lib Dems in government.

Now the Tories, through the Enterprise Bill, want to take the Green out of Green Bank, so it just becomes another investment bank

Lib Dems in the House of Lords introduced the mechanism of a special share in the Green Investment Bank held by ‘green guardians’ appointed initially by the Climate Change Committee.  Those green objectives could only be changed if the three green guardians agreed unanimously.

It was approved by 46 votes in spite of government opposition.

This is just one of the many ways the government is wrecking our investment into green technology, and it is the Lib Dems trying to stop them.