From greed to green
Ireland’s eco-minister Dublin - Political chaos of the most creative kind in Eire, where the ruling coalition is being kept in power by the Green Party. The country, one of the worst hit by the credit crunch, is in the midst of a fullscale. 1930s-style economic collapse.
Now state-run Anglo Irish Bank could become a symbol of a new Irish society by transforming into a low-cost green bank, it was claimed today.
The radical plan would see the nationalised lender throw off its close ties with property developers to offer cheaper mortgages for eco-friendly homes as part of the price for Green Party support.
John Gormley, Environment Minister and Green Party leader, backed the proposal from research body the Comhar Sustainable Development Council claiming it would signal a shift in attitudes.
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