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To: Rt Hon Margaret Hodge MP Chair of the Public Accounts Committee
Electricity Supply Industry Subsidies
We the undersigned ask for an inquiry by the Commons Public Accounts Committee into direct and indirect subsidies and grants paid to the Electricity Supply Industry in the past, present and future; and seek full disclosure of the extent of public liability involved in different types of energy production.
Why is this important?
There is an urgent need for an informed debate about future energy provision, however, meaningfull discussion is hindered by the lack of clarity over government and EU subsidies and the effect of the risks involved in different means of electricity production and the extent of liability bourne by the taxpayer. The relative merits of Nuclear Energy, Fossil Fuels and the various types of renewable energy cannot be assessed without this disclosure.
