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Green Investment Bank

Secondary information

Type

Parliamentary proceeding

Reference

528 c789-99 

Session

2010-12

Department

Department for Business, Innovation and Skills

Chamber / Committee

House of Commons chamber

Related items

Deposited Paper DEP2011-0871
Tuesday, 24 May 2011
Deposited papers
House of Commons

Green Investment Bank
Monday, 12 December 2011
Written statements
House of Commons

Banks: Green Investment Bank
Monday, 12 December 2011
Written statements
House of Lords

UK Green Investment Bank
Tuesday, 30 October 2012
Written statements
House of Commons

Proceeding contributions

Barry Sheerman | 528 c798-9 (Link to this contribution) May I give an unalloyed welcome to the fact that we are to have a green investment bank? It is great...

Vincent Cable | 528 c799 (Link to this contribution) I did not say that they were not eligible; I referred to the fact that the initial round was likely ...

Show all contributions (50)

William Bain | 528 c799 (Link to this contribution) Since 2004, the US Treasury has had the facility to issue up to $2 billion in green bonds to enhance...

Vincent Cable | 528 c799 (Link to this contribution) As I said, there is a variety of possible ways of raising funding, one of which is obviously the cap...

Vincent Cable | 528 c798 (Link to this contribution) I am not sure that I am yet in a position to be a beauty parade judge, but they are all beautiful ci...

Stephen Williams | 528 c798 (Link to this contribution) I very much welcome my right hon. Friend's statement. He mentioned future milestones in the setting ...

Vincent Cable | 528 c798 (Link to this contribution) This is slightly in danger of getting out of control, but I compliment the hon. Gentleman on his ner...

Nick Smith | 528 c798 (Link to this contribution) Like other colleagues, I note that the Secretary of State is still considering where to base the gre...

Vincent Cable | 528 c794 (Link to this contribution) That may well be one of the ways in which the green investment bank will be involved in the longer r...

Baroness Burt of Solihull | 528 c794 (Link to this contribution) I know that my right hon. Friend said in his statement that he does not want to be prescriptive abou...

Vincent Cable | 528 c794 (Link to this contribution) The initial analysis suggests that nuclear power would not be an appropriate sector for the bank's i...

Caroline Lucas | 528 c794 (Link to this contribution) Given that the green investment bank is being set up to promote new green technology, can the Secret...

Vincent Cable | 528 c795 (Link to this contribution) I have already said that loans can start to be made from roughly April 2012. There will be substanti...

Robert Flello | 528 c795 (Link to this contribution) The ceramic industry in my city of Stoke-on-Trent will be listening and watching very carefully as t...

Speaker | 528 c795 (Link to this contribution) Order. The hon. Gentleman will resume his seat. [Interruption.] Order. We are pressed for time, and ...

Richard Graham | 528 c794 (Link to this contribution) Today seems to be playing an important role in Labour's revisionist history. This morning in Westmin...

Vincent Cable | 528 c795 (Link to this contribution) The bank will not replace such investment. The whole purpose of our extensive market analysis has be...

Andrew Bridgen | 528 c795 (Link to this contribution) Historically, whatever services the Government decide to offer, the private sector tends to withdraw...

Neil Carmichael | 528 c793 (Link to this contribution) I welcome this excellent statement, because it describes an institution wholly appropriate to the ne...

Vincent Cable | 528 c792-3 (Link to this contribution) I take it that, despite the slightly carping tone of the response, the Opposition do support this pr...

Speaker | 528 c792 (Link to this contribution) Order. Before I ask the Secretary of State to reply, I make the point that I allowed the right hon. ...

Vincent Cable | 528 c794 (Link to this contribution) There has been no change to the policy. The green deal has a very sound business model, it will proc...

Baroness Berger | 528 c794 (Link to this contribution) The Deputy Prime Minister, in his speech yesterday, said that the green investment bank might be use...

Vincent Cable | 528 c794 (Link to this contribution) That complements the earlier question about how we integrate SMEs into the process. The fact is that...

Henry Smith | 528 c793 (Link to this contribution) I, too, very much welcome my right hon. Friend's statement. How will larger organisations be encoura...

Vincent Cable | 528 c793 (Link to this contribution) Yes I will fight, and do fight, resolutely for manufacturing industry, which of course is now seeing...

Adrian Bailey | 528 c793 (Link to this contribution) The CBI has expressed concern about the dangers of the Government's overall green strategy inhibitin...

Vincent Cable | 528 c793 (Link to this contribution) It will be difficult to support small and medium-sized enterprises directly—but there are other mech...

Vincent Cable | 528 c797 (Link to this contribution) As I say, we have not come to a decision on the ideal location, and we are certainly open to good, n...

Chris Leslie | 528 c797 (Link to this contribution) If the Secretary of State is considering the location of the green investment bank in its ability to...

Vincent Cable | 528 c797 (Link to this contribution) My right hon. Friend is absolutely right to sketch out the scale of what green industries are and ca...

Simon Hughes | 528 c797 (Link to this contribution) I would hope that throughout the UK there will be real enthusiasm for the announcement that by 2015 ...

Vincent Cable | 528 c797 (Link to this contribution) I did not follow fully where the hon. Gentleman was going, but no, as I understand it that is not th...

Tom Greatrex | 528 c797 (Link to this contribution) Is it still the Government's intention that the fossil fuel levy money sitting in a bank account in ...

Mike Crockart | 528 c797-8 (Link to this contribution) I welcome my right hon. Friend's announcement, particularly his commitment to the long-standing, end...

Vincent Cable | 528 c798 (Link to this contribution) The bank is a UK-wide institution which will apply in Northern Ireland, Scotland and Wales, so I do ...

Mark Durkan | 528 c798 (Link to this contribution) I welcome the progress that is reflected in the published plans and in the statement, and I hope tha...

Martin Horwood | 528 c795 (Link to this contribution) I strongly welcome my right hon. Friend the Secretary of State's announcement today—especially if th...

Baroness McIntosh of Pickering | 528 c796 (Link to this contribution) I congratulate the Business Secretary on bringing forward this proposal, and I hope that the bank wi...

Vincent Cable | 528 c796 (Link to this contribution) Any business organisation making project choices is trying to pick winners, and that is what the ban...

Clive Efford | 528 c795-6 (Link to this contribution) I congratulate the Secretary of State on getting to the end of his statement—for a minute I thought ...

Robert Smith | 528 c796 (Link to this contribution) One of the crucial things for investors in the green investment bank will be certainty in understand...

Vincent Cable | 528 c796 (Link to this contribution) I cannot confirm that. If the information is available, I am sure we can pursue it in the proper way...

Barry Gardiner | 528 c796 (Link to this contribution) I welcome the green investment bank. Will the Secretary of State confirm, however, that the EU Commi...

Vincent Cable | 528 c796 (Link to this contribution) It will indeed do that. As I indicated in my statement, there is what we call a double bottom line. ...

Vincent Cable | 528 c797 (Link to this contribution) As I said, we are trying to create a stable framework—what is sometimes called a regulatory asset ba...

Vincent Cable | 528 c789-90 (Link to this contribution) Statement Today I am publishing detailed plans for a green investment bank, building on the announce...

John Denham | 528 c790-2 (Link to this contribution) I thank the Secretary of State for his statement, but although the Deputy Prime Minister announced t...

Vincent Cable | 528 c798 (Link to this contribution) There will be a proper process, and it is important that we consider carefully all serious applicati...

Vincent Cable | 528 c795 (Link to this contribution) An Opposition Member has already asked me a variant of that question, and I have made it very clear ...

Subjects

Climate change Borrowing Finance Investment Financial institutions Powers Loans Renewable energy European Commission Carbon emissions Green Investment Bank

Link

View this Parliamentary proceeding on www.publications.parliament.uk