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Britain needs $15 billion "green bank": report

LONDON (Reuters) - Britain needs a green bank to meet its 2020 goals to slash carbon emissions and curb use of fossil fuels, a report commissioned by the Conservative Party said on Tuesday.

LONDON (Reuters) - Britain needs a green bank to meet its 2020 goals to slash carbon emissions and curb use of fossil fuels, a report commissioned by the Conservative Party said on Tuesday.

Britain is lagging European Union targets to cut carbon emissions and deploy renewable energy, and it also wants to upgrade its grid infrastructure and help roll out electric cars.

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