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Proceeding contribution from Caroline Lucas (Green Party) in the House of Commons on Wednesday, 20 October 2010. It occurred during Ministerial statement on Comprehensive Spending Review.

Comprehensive Spending Review

I am not sure how the Government can claim to be the greenest ever when it is estimated that Department of Energy and Climate Change and Department for Environment, Food and Rural Affairs funding combined will reduce by 47% in real terms over the next four years. However, my question is this: should the Chancellor not do more than just hope that the private sector will fill the huge gap between the £1 billion he has set aside for the green investment bank and the £4 billion to £6 billion that Ernst and Young says is the minimum required? He said that he would try to find a bit more through the sale of assets, but how much does he imagine that will fund as well?

Secondary information

Type
Proceeding contribution
Reference
516 c985 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Child tax credit Compensation Crime prevention Disadvantaged Benefits rules Cost effectiveness Defence BBC Age Contributions Devolution Capital investment Civil servants Development aid Civil list Fares Housing benefit Government departments Interest charges Economic situation Equitable Life Assurance Society NHS Police Local government finance Workplace pensions Public sector Public bodies Public expenditure Pupils Railways Redundancy Non-departmental public bodies Midland Metro Public finance M25 Public sector debt Social security benefits Welfare tax credits State retirement pensions Working tax credit Terrorism Schools Reform Social rented housing Reviews Retirement Science Tyne and Wear Metro Security of tenure S4C Sure Start programme BBC World Service A3 Cuts Employment and support allowance M4 M62 M5 Olympic Games 2012 Presbyterian Mutual Society Departmental expenditure limits Bank levy Green Investment Bank A11 Birmingham New Street Station
Link
View this Proceeding contribution on www.publications.parliament.uk