The House of Lords Agriculture, Fisheries, Environment and Energy EU Sub-Committee has launched a new inquiry into EU energy: decarbonising and boosting growth. The EU Sub-Committee is concerned about how the EU can continue to push for the decarbonisation of energy whilst focusing on moving away from the current economic gloom. As such, it is calling for evidence from anyone with an interest.
Launching the new inquiry, Lord Carter of Coles, Chair of the Committee, said: "There is a principal issue of how the cost of energy - as a big cost to industry - can be reduced and kept under control, therefore helping economic growth whilst at the same time decarbonising.
"Energy represents the lion’s share of greenhouse gas emissions which, by 2050, need to be cut by 80-95 percent compared to 1990 levels. However, it is also central to the manufacturing process and therefore a major player in helping us climb our way out of the current economic recession. How we marry these two conflicting – but crucial – issues, will be the question at the heart of the Committee’s inquiry.
"We would encourage anyone with relevant expertise and interest to reply to our call for evidence."
The committee are particularly keen to hear evidence on how price reductions in energy costs might jeopardise attempts to decarbonise the energy mix and what consumer preferences exist over renewables’ contribution to the overall energy mix.
The call for evidence document states that: “At this stage of our inquiry, we are interested in comments covering all forms of energy. We seek views on natural gas particularly, due to the central role afforded to it by the Commission as critical for the transformation of our energy system.”
Written evidence will be accepted by the Sub-committee until October 3, with public hearing occurring from October 2012 to February 2013. The full call for evidence document can be viewed here.