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United Kingdom: Coalition is asking us to act illegally, says green investment bank

2013-05-29 06:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The government's new $10bn green investment bank claims the Coalition is asking it to act illegally by urging it not to carry out its statutory duties ahead of September's election. The Clean Energy Finance Corporation (CEFC) says the Coalition is also suggesting it could act illegally itself, as it takes steps towards its planned abolition of the bank -- which lends on commercial terms but which the Coalition has labelled a "giant slush fund'. In his budget-in-reply speech, Tony Abbott revealed...

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