Page 9 - Gi flipbook April 2018
P. 9

Restrict price                                   recent feeble efforts to   current system.
                                                                                             Around 12 million
                                                                  move consumers off these
                 charged for gas and                              tariffs has only served to   households are stuck on
                                                                                           poor-value tariffs, according
                                                                  highlight the need for this
                 electricity - MPs                                intervention.”           to the report.
                                                                    The committee also
                                                                                             National assistance
                                                                  criticised Ofgem for failing
                                                                                           charity Citizens Advice
                                                                  to protect customers,    said “loyal and vulnerable”
                 A POWERFUL COMMONS        Labour’s Rachel Reeves,   especially the most   customers had been “ripped
                 committee says the only way   who chairs the committee,   vulnerable.     off” for too long.
                 to tackle overcharging by the   said: “The energy market   Draft legislation for an   Chief Executive Gillian
                 Big Six is to cap the amount   is broken. Energy is an   absolute cap on energy   Guy said: “An absolute cap,
                 they charge for energy.  essential good and yet   tariffs was published by the   as recommended by the
                   Sky News reports that   millions of customers are   government last year.  committee, is crucial to
                 MPs are calling for a cap   ripped off for staying loyal   But Business Secretary   securing protection for the
                 on the price of gas and   to their energy provider.  Greg Clark refused to   largest number of customers
                 electricity amid fears    “An energy price cap is   guarantee that the flagship   while continuing to provide
                 consumers are being      now necessary and the   plans would be in place by   competition in the market.
                 ripped off.              government must act     next winter.             This should apply to all
                   The Business, Energy   urgently to ensure it is in   Committee members   default tariffs.” ■
                 and Industrial Strategy   place to protect customers   said there was a “clear
                 (BEIS) Select Committee   next winter.           lack of will” on the part         Rachel Reeves MP
                 says the Big Six energy   “The Big Six energy    of the Big Six to do what
                 companies have been      companies might whine and   was necessary to deal with
                 overcharging for years.  wail about the introduction   pricing problems.
                   MPs on the committee   of a price cap but they’ve   A report from the
                 backed plans for a       been overcharging their   committee found that
                 temporary absolute cap   customers on default and   customers are paying £1.4
                 to fix what they called a   SVTs (standard variable   billion a year more than
                 'broken' energy market.  tariffs) for years and their   they should be under the




                 Fossil fuel giant wins right to challenge


                 Scottish government’s fracking ban




                 ENERGY GIANT INEOS       of its human rights, reports   which includes fracking,   said the claim was in an
                 has won the right to have   The National.        and then to make that    “undeveloped state” while
                 a judicial review of the   Ineos Upstream and    moratorium permanent.    James Mure QC on behalf
                 Scottish government’s    Reach Coal Seam Gas       In a judgement issued   of the Lord Advocate
                 decisions to ban fracking.  went to court to challenge   by Lord Pentland at the   argued that the 2015
                   The company which      the government’s        Court of Session, the two   decisions were time-barred
                 runs the Grangemouth oil   decisions taken in 2015   companies were granted a   for judicial review as an
                 refinery has also won the   and 2017 respectively to   judicial review which will   application to the courts
                 right to sue the government  have a moratorium on   take place in May.    needs to be made within
                 for damages for a breach   unconventional oil and gas   In court Lord Pentland   three months of the
                                                                                           decision.
                                                                      Grangemouth oil refinery  Both firms have said
                                                                                           their business has been
                                                                                           affected by the 2015
                                                                                           and 2017 decisions and
                                                                                           Lord Pentland said in
                                                                                           his judgement: “On a
                                                                                           provisional view, there may
                                                                                           be some possible merit in
                                                                                           the proposition that the
                                                                                           2015 and 2017 decisions
                                                                                           are closely inter-linked and
                                                                                           that this is significant in the
                                                                                           wider context of the issues
                                                                                           that arise in the case.” ■



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        News.indd   4                                                                                             15/03/2018   14:24
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