On
Wednesday 14 September 2016, Lord Lawson of Blaby and Lord Turner of
Ecchinswell will give evidence to the House of Lords Economic Affairs
Committee’s inquiry into ‘The Economics of UK Energy Policy’.
Lord
Lawson is a former Secretary of State for Energy. Lord Turner was the first
chairman of the Climate Change Committee that was established in 2008. They
will be asked for their views on the current Government’s energy policy.
The
Committee is exploring the present mix of policy interventions and subsidies in
the energy market. The core question which it is seeking to answer is: “What
are the failures, if any, in the energy market and what measures are needed to
correct them?”
Questions
the Committee is likely to ask include:
1
Are
the Government’s objectives for energy policy the correct ones?
2
How
successful has recent Government policy been in achieving those objectives?
3
What
role should the Government play in the energy sector? Is the right balance
being struck between the roles of government and the private sector?
4
Should
the terms of the agreement to build Hinkley Point be revisited?
5
Should
the UK proceed with developing its shale gas reserves?
6
Should
the UK be concerned about energy security given rising imports of oil and gas?
7
Are
you surprised that domestic energy bills have not reduced in line with falling
wholesale prices?
The evidence session will take place at 3.35pm
on Wednesday 14 September 2016 in Committee Room 3 of the House of Lords.
