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The Environmental Audit Committee (EAC) is today launching a new inquiry into energy subsidies.
MPs will scrutinise new research on the extent of energy subsidies in the UK, produced for the committee by the Oxford Energy Associates.
The author of the report, Dr William Blyth, will be questioned by the EAC today at 2:15pm.
The inquiry will investigate what should constitute a subsidy; the extent of energy subsidies in the UK for nuclear, fossil fuels, and renewable; and what the government is doing to identify and eliminate – as described by the UN – ‘harmful’ subsidies.
Chair of the EAC, Joan Walley MP, said: “Energy subsidies are sometimes needed to develop promising new technologies and correct market failures, but the government is not always open about what constitutes a subsidy.
“Our inquiry will seek to get to the bottom of the sums involved in the UK and what does or does not constitute a subsidy.”
The committee is inviting written evidence from academics, think-tanks and the public on these issues by 14 June.
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