Critics including the Greens’ Caroline Lucas and Lib Dem Tim Farron question government’s ‘commitment to low-carbon economy’
The government’s commitment to low-carbon technology has been called into question as it prepares to raise more than £1bn by selling a majority stake in the Green Investment Bank, the project that was a central promise in the Conservatives’ 2010 manifesto.
Sajid Javid, the business secretary, will announce the plan at the bank’s annual review meeting on Thursday. The government is likely to keep a stake in the bank but could sell off as much as 70%.