The
bank
is
being
asked
to
invest
in
emerging,
inherently
risky
clean-energy
technologies,
while
simultaneously
making
a
satisfactory
return
on
the
initial
£3bn
($4.8bn)
the
government
has
seeded
it
with.
But
the
Edinburgh-based
bank
cannot
afford
to
be
too
circumspect
in
choosing
its
investments.
The
initial
funds
are
intended
to
cover
only
the
next
three
years
—
and
not
getting
the
money
out
of
the
door
quickly
enough
would
be
seen
in
almost
as
damning
a
light
as
investing
it
injudiciously.
Robert
Smith
—
Lord
Smith
of
Kelvin
—
who
was
named
chairman…
