§ Mr. Simon HughesTo ask the Secretary of State for Energy if he will make it his policy to press for uniform energy taxation policies in the protocols of the European energy charter.
§ Mr. WakehamA key priority for the European energy charter will be the fostering of full and proper market-based pricing for energy throughout Europe, including the removal of price subsidies. This will do much to encourage efficient energy use. Energy taxation should remain a matter for national Governments and Parliaments, although we will be seeking provisions protecting investors against having the results of their investments expropriated by unreasonable fiscal or other measures.
§ Mr. Simon HughesTo ask the Secretary of State for Energy if he will make it his policy to press for a recognition of the roles of renewable energy and energy conservation in the protocols of the European energy charter.
§ Mr. WakehamIf the charter negotiations are successful, we expect that there will be provisions in it relating to new and renewable sources of energy. We will be seeking explicit recognition of the importance of the efficient production, conversion, distribution and use of energy in the charter and relevant protocols.
§ Mr. Simon HughesTo ask the Secretary of State for Energy if he has any plans to propose a non-fossil fuel obligation for inclusion in the European energy charter.
§ Mr. WakehamNo.