By News on the Net -- NetZero Watch—— Bio and Archives--June 13, 2023
London, 13 June - Net Zero Watch has called on MPs to reject Megan Greene from joining the Bank of England’s rate-setting Monetary Policy Committee and warned that her green activism risks undermining the credibility of the Bank's neutrality in setting interest rates.
According to media reports, Ms Greene has called for the bank to create “preferential” interest rates to help speed up the push for Net Zero, despite acknowledging that such a move could threaten its independence.
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