Michael Moore MP: Green investment bank good for Scotland and whole UK

Secretary of State for Scotland Michael Moore has tonight emailed Liberal Democrat members to mark the launch of the Green Investment Bank. Three of the five Liberal Democrat Cabinet ministers were in Edinburgh today for the occasion: Mike, Vince Cable and Ed Davey.

The email said:

Earlier today I joined Vince Cable and Ed Davey in Edinburgh to give the UK Green Investment Bank (GIB) its official launch.

The triumvirate of Ministers underlines that this is a Liberal Democrat-led initiative that will stimulate renewable energy innovation in the United Kingdom. With an initial budget of £3 billion – £250 million of which is ring-fenced specifically for Scotland, but all of which is open to Scottish bids – the UK GIB will bring green jobs and commercial success to Scotland and all of the UK.

I am delighted that the Bank will be headquartered in Edinburgh. Scotland has enormous green energy potential and Edinburgh is the UK’s second biggest financial centre. It makes perfect sense to have the roots of GIB grounded in Scotland – though the benefits will be felt in every part of the UK.

The size and scale of the UK’s single energy market ensures the level of investment that will unlock Scotland’s renewables future, providing sustainable and affordable green energy across the UK.

The launch of the Green Investment Bank is just the latest evidence that the whole UK can achieve results far greater than the sum of our parts, and that Liberal Democrats in Government are able to make that happen.

Our party has a strong green tradition. In office, we have a strong green record. The UK GIB launch is just the latest step towards shaping the green future to which we are committed.

Best wishes,

Michael Moore
Liberal Democrat Secretary of State for Scotland

 

* Caron Lindsay is Co-Editor of Liberal Democrat Voice and blogs at Caron's Musings

Read more by or more about , , , or .
This entry was posted in News.
Bookmark the web address for this page or use the short url http://ldv.org.uk/31847 for Twitter and emails.

2 Comments

Post a Comment

Lib Dem Voice welcomes comments from everyone but we ask you to be polite, to be on topic and to be who you say you are. You can read our comments policy in full here. Please respect it and all readers of the site.

If you are a member of the party, you can have the Lib Dem Logo appear next to your comments to show this. You must be registered for our forum and can then login on this public site with the same username and password.

Your email is never published. Required fields are marked *

*
*
Please complete the name of this site, Liberal Democrat ...?




Recent Comments

  • User AvatarSteveL 21st Aug - 12:36am
    The Thames used to freeze over. It stopped doing so long before human influences on climate change. There are points in recorded history when Britain...
  • User AvatarDeborah Newton-Cook 21st Aug - 12:01am
    I agree with both firstly, Andi Ali, and also Matthew Huntchback. CR deserves an apology. I hope that he will not be ostracised in our...
  • User AvatarDavid Allen 20th Aug - 11:54pm
    It's funny, isn't it. Pick any academic field you like - dyslexia, First World war, GM crops, whatever - and there are a host of...
  • User AvatarPeter 20th Aug - 11:44pm
    JoeBourke If I may, some final comments from me on this debate. Thank you for your courteous contributions. I suspect you have some connection with...
  • User AvatarJohn Dunn 20th Aug - 11:41pm
    tonyhill writes: "I can’t see that UKIP stands a chance of developing a set of practical policies that can satisfy its ideologically incoherent supporters." That...
  • User AvatarGordon McFadden 20th Aug - 11:32pm
    The article still presumes guilt, ignores the outcomes of numerous investigations. Requesting Lord Rennard to consider his position within the Party is bang out of...