Conflict of Interest for Chairman of UK Environment Committee

Tim Yeo used his casting vote as chairman of the all-party Environmental Audit Select Committee to push through a report, published last week, which backed the decision by Alistair Darling, the Chancellor, that new, higher rates of vehicle excise duty (VED) rates should apply to previously-purchased cars.

The committee had been evenly split, with three Labour MPs supporting the Government line while three Tory and Lib Dem MPs opposed it, arguing that the move amounted to retrospective taxation. Mr Yeo broke the deadlock by siding with the Labour MPs.

He is paid £40,000 a year as non-executive chairman of Eco City Vehicles Plc, a company which plans to market a hybrid car which would qualify for low rates of VED under the new tax regime, due to its low carbon emissions.

Telegraph.co.uk: Tory MP Tim Yeo in conflict-of-interest row over car tax report

6 Responses to Conflict of Interest for Chairman of UK Environment Committee

  1. spangled drongo August 12, 2008 at 9:38 pm #

    Paul,
    It’s those financial incentives that promote the AGW theory.
    Just ask Al.

  2. Paul Biggs August 12, 2008 at 9:42 pm #

    Indeed. I’m too poor to be part of the AGW church.
    £££££££££££££££££££££££££££££££££££££££££££££££££

  3. Peter August 13, 2008 at 4:16 am #

    If you look in the direction of those who make the most noise about AGW, that’s generally the direction in which the money flows.
    Even ‘big oil’ are getting in on the act – after all, anything which increases the dollar-per-barrel price suits them nicely.

  4. Paul Biggs August 13, 2008 at 5:06 am #

    I have a hypothesis. Those who promote AGW fall into one or more of the following categories:

    1. Using AGW to promote more state intervention, restrictive laws, high taxation, wealth redistribution, attack capatilism, economic growth, mobility, and render power generation intermittent.

    2. Are very rich or well off enough to be insulated from the negative economic and social effects of ‘climate policy.’

    3. Are employed by or benefit financially from the global warming industry, which encompases government departments/bodies, NGOs and private companies.

    4. Truly believe in big warming via CO2 and/or believe the disbenefits of fossil fuels outweigh the benefits.

    5. Bandwagon politicians seeking power.

    Did I miss anything out?

  5. Eyrie August 13, 2008 at 7:02 am #

    6. They might be crooks and conmen with an eye on a chance.

  6. spangled drongo August 13, 2008 at 12:01 pm #

    Yeah Eyrie, never forget the carpetbaggers, in the forefront of every upheaval.
    And Paul, how about the original-sinners with the must have hair shirt fashions?

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