MPs could today end the folly of the Green Investment Bank

October 30, 2013 9:47 AM

There's been increasing talk around certain quarters of Westminster in the last few weeks of a desire to roll back on some of the Government's expensive 'green' measures that are costing taxpayers dear. And not before time.

Well today MPs have a chance to put their money where their mouth is.

We have long held concerns about the creation of the so-called "Green Investment Bank" - Matthew Sinclair wrote here about the billions that would be saved by its scrapping.

Between 11.30am and 2pm today, MPs will vote (through the deferred division procedure, which sees physical ballots cast, rather than the usual parading through a division lobby) on the draft Enterprise and Regulatory Reform (Designation of the UK Green Investment Bank) Order 2013.

The effect of voting it down would be to restrict funding to the Green Investment Bank, therefore delivering a real rolling back on those green regulations and charges, which even the Prime Minister now professes to want.

If you would like to encourage your MP to vote against the Order, simply go to the Write to Them website, enter your postcode and click on your MP's name and send them a message.

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