Lib Dems call for bank windfall tax to fund green energy home loans

The Liberal Democrats have proposed a bank windfall tax to fund green energy home loans, according to the party's deputy leader, Daisy Cooper. The plan aims to help homeowners install solar panels, heat pumps, and insulation to improve energy efficiency and reduce carbon emissions. Cooper argues that the high profits made by banks during the pandemic could be used to provide these loans, which would make green home improvements more accessible and affordable for households. The initiative is part of the party's broader efforts to address the climate crisis and support the transition to a sustainable energy system. The proposal has sparked debate, with proponents arguing that banks should contribute to the nation's environmental goals, while critics may raise concerns about the potential impact on the banking sector and the broader economy. The feasibility and details of the plan will likely be subject to further discussion and scrutiny.