30 MAR 2011

Scottish Conservatives want Green Investment Bank in Scotland

Scottish Conservatives will campaign for Scotland to be the headquarters of the Green Investment Bank.

Derek Brownlee, Scottish Conservative Finance Spokesperson, said:

"Scotland should be the place where a new generation of marine energy sources are developed. We have thousands of miles of coastline and amongst the highest tidal reaches in the world. Yet under Labour we saw companies moving abroad to develop wave and tidal power – we want to reverse that trend.

"Scottish Conservatives want to take up, in full, the UK Government's offer of additional funding through the Green Investment Bank, and we will campaign for the bank to be headquartered in Scotland."

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