Press Release

Future of energy taxation to be debated at PSI seminar

Date: 19/05/2003

View the slides from the event page

Ed Balls, Chief Economic Advisor to the Treasury together with Michael Roberts from the CBI and Prof Paul Ekins of the Policy Studies Institute will discuss the future of energy taxation at a lunchtime seminar to an invited audience of policy makers, environment policy researchers, environmental agencies and academics on Wednesday 21 May at the Policy Studies Institute in Camden.

Michael Roberts, Director of Business Environment at the CBI will be talking on the business community’s view of energy taxation: "Tax is but one of a range of measures at Government's disposal to deliver energy policy goals.  Business recognition of the role of tax in principle is often undermined by its use in practice.  If energy taxes are to have a role in future, we need to learn from past mistakes and to ensure they fit effectively within the wider context of public policy."

Paul Ekins, Head of PSI’s Environment Group says: "The taxation of most current energy sources has a crucial role to play in helping to achieve the Government's environmental objectives, notably that in the recent Energy White Paper of reducing CO2 emissions by 60% from 1990 levels by 2010. In fact, unless the price mechanism systematically promotes energy efficiency, new technology and structural change away from energy-intensive goods and services, there is very little chance of these environmental objectives being met."

One of a series of lunchtime seminars to an invited audience, the seminar will be an opportunity for those working in this field to hear the government’s thinking on energy taxation together with the views of business and policy researchers.

Notes to editors

  1. The future of energy taxation - A PSI lunchtime seminar
    11.45 am on Wednesday 21 May at PSI, 100 Park Village East, London NW1. The seminar will end with a buffet lunch at 1.45pm. If you would like to attend the seminar, contact Tina Wiseman at PSI. email: t.wiseman@psi.org.uk   
    Spaces are limited.
  2. Edward Balls is the Chief Economic Adviser to the Treasury. He is Chairman of the IMF Committee Deputies’ Committee and represents the UK as the Chancellor’s Deputy at the G20 and is a member of the Treasury Management Board.
  3. Michael Roberts was appointed director of Business Environment in July 2000. Michael and his team are responsible for developing and promoting the views of CBI members on transport, land use planning, regional development agencies, environment, energy and health and safety. Michael currently sits on the Commission for Integrated Transport and the CBI/ACBE Emissions Trading Group Executive Group. He is also a member of the Motorists Forum and a non-executive director of the Carbon Trust.
  4. Paul Ekins has a PhD in economics from the University of London and is Head of the Environment Group at the Policy Studies Institute and Professor of Sustainable Development at the University of Westminster. He is also a Founder and Associate Director of the sustainable development charity Forum for the Future and a specialist adviser to the Environmental Audit Committee of the House of Commons. In 2002 he was appointed to the Royal Commission on Environmental Pollution.
  5. Policy Studies Institute is a registered charity and has no association with any political party, pressure group or commercial interest. Over the past decade, the Employment Group has completed more than 100 research studies, investigating labour market inequality and disadvantage, as well as new programmes and new methods of delivery for government services and policies. Other work has addressed the prediction of long-term unemployment, the impact of the flexible labour market, transitions between school and work and changing patterns of employment relations. The Group currently consists of 13 permanent research staff plus external research associates. Disciplinary backgrounds of those currently working in the Group include sociology, economics, political science, statistics, psychology and industrial relations. www.psi.org.uk
  6. For further information contact Nelleke van Helfteren, PSI, 100 Park Village East, London NW1 3SR, Tel 020 7468 0468, Fax 020 7468 2211, email vanheln@psi.org.uk

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