Greenpeace scale Treasury building in green cuts protest

Greenpeace activists have scaled the Treasury building in central London this morning (October 19) in a protest over planned cuts to green business.

The stunt was aimed at chancellor George Osborne who is expected to reveal huge cuts tomorrow (October 20).

At least four protesters could be seen unfurling a banner reading: "Remember George, Green bank = new jobs."

Greenpeace said the action was taken to remind the chancellor of the potential of a green investment bank to boost the economy.

A spokesman said: "Right now George Osborne is finalising the package of government cuts and spending that's going to be released tomorrow, but we don't want to see the potential for a green economy and new jobs squeezed out by the spending review.

"And really, neither does George. In the past he's made statements backing a Green Investment Bank that could provide tens of thousands of new jobs and help power our transition to a clean energy future.

"A new green investment bank would lend money to businesses manufacturing and constructing huge offshore wind farms, small and medium sized companies lagging lofts and developing innovative low-carbon technologies.

"Upfront cash from the government will attract other investors and the profit will be ploughed in to supporting more low-carbon programmes."

Luke Walsh


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