Budget 2010: Chancellor announces green investment bank
Alastair Darling says UK government will set up green investment
bank with £2bn of equity to fund low-carbon transport and energy
schemes  Read the expert view on the green bank Alistair Darling
and his wife, Margaret, on budget day, 24 March 2010, in Downing
Street. Alistair Darling and his wife, Margaret, on budget day,
24 March 2010, in Downing Street. Photograph: martin argles
martin argles/Guardian  The chancellor, Alistair Darling, today
announced the creation of a £2bn green investment bank and
measures to support offshore wind energy in his budget, which he
billed as crucial to guiding the country out of recession.
Darling said that government support in the wake of what he
called the "global storm" must play a "crucial role in building
our country's strengths" and that "the opportunities and jobs of
the future will come from new markets in new locations".  The
green investment fund had been heavily trailed along with the
£60m in funding he ann