Upbeat minister, downbeat director general. It was ever thus!
I have much more sympathy for Richard Lambert's analysis than Chris Huhne's exhortations and hand-wringing, especially over changes to the CRC. To switch from a revenue recycling scheme, with all the incentives that are thereby entailed, to a plain environmental tax strikes me as just crass. Huhne signalled a little bit of reigning back but only on time-tabling and exemptions, not on the basic taxation principle.
Lambert also identified the possible damp squib of a Green Investment Bank, the lack of any discernible movement in public attitudes, and the close-your-eyes-and-wish situation with the Green Deal as further worrying issues.
I couldn't agree more.
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