Rachel Rids was told that the Bank of England should get rid of the heavy net zero rules to help economic growth. [emphasis, links added]
Sam Woods, head of the Central Bank Care for Supervision Bureau (PRA), said The strict climate required by Westminster hindered the efforts to promote economic growth.
Woods said in a letter to the Minister of Finance and Sir Kyle Stammer that he asked World Bank to “consider” dozens of different “climate and environment” issues, which made the financial city adventure and take action to become even more action. difficulty. More loose supervision methods.
Mr. Woods raised this question to respond to Ms. Lids' appeal and solicit how to improve the growth rate of Britain's stagnation.
The main instructions of the government to Bank of England are to maintain the inflation rate at 2%and maintain the financial system stability.
However, The government can also recommend that the central bank “consider” other issues during decision -making. This means The issues involved in the notice must be considered during decision -making.
Zero Zero Requirements
PRA is affiliated with the central bank and is responsible for ensuring the steady and safe operation of personal lenders and financial institutions, and has more than two dozen personal “attention” instructions.
Mr. Woods wrote to the ministers:
“In recent years, the principle of “considering” PRA has increased significantlyIncrease the complexity required to formulate or modify the regulations. According to statistics, PRA currently has about 25 such “greetings”.
“Some of these 'Following' form a cluster, such as in a set of 'Following' related to the climate and environment, there is a reasonable room for reasonable.”
For example, the Effective Supervision Committee of the Prudential Supervision Committee of Mr. Woods is effective. We must “consider … lead the world in perpetual financeIncluding Release the entire potential of the financial service industry to provide funds for green transformation.
The reduction of net zero emissions may help speed up the company's supervision process and reduce the cost of obtaining certification. …shear…
Under the leadership of the Conservative Party of Governor Mark Carney, the requirements of the climate change have improved, but under the leadership Essence
Since then, the Labor Party has adjusted their priority.
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