Until we’re told more, it’s impossible to know if GBE will merely retread old ground or pursue far more ambitious goals

Keir Starmer is promising to turn from slogans to solutions, so here’s a request: can we have a few concrete details on how Great British Energy, a flagship Labour proposal to create “a publicly owned national champion in clean energy”, would operate?

The most basic unanswered question is how much capital the new company would be given on day one. Until we’re told, it’s impossible to tell if GBE would merely reassemble the old small-scale Green Investment Bank, which was launched by George Osborne for the coalition government in 2012 and sold in 2017, or pursue far more ambitious goals, which tends to be Labour’s claim.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Lions tour awards: best player, unsung hero and the most memorable quote

The Guardian’s writers in South Africa give their verdicts on a chaotic…

Leafs game

maple leafs vs canadiens, leafs score, montreal vs toronto, leafs vs habs,…

Andrew: The Problem Prince review – a deliciously vicious reminder of the dire state of the monarchy

This gripping documentary unpacks the dodgy truth about the king’s paedophile-affiliated brother.…

Curtains for Ramsay Street as Channel 5 no longer needs good Neighbours

Longest-running programme in Australian television history loses out to homegrown British drama…