Here's How Many Meetings George Osborne's Treasury Had with Oil and Gas vs Renewables

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Chancellor George Osborneโ€™s Treasury saw more than 10 percent of its some 640 external meetings dominated by fossil fuels in the nine months leading up to March 2015, newly released documents reveal. Renewables meanwhile got just twoย meetings.

Treasury transparency records, published by the state, show that meetings between Treasury ministers and energy companies or energy industry bodies come in second to those dealing with finance, tax and the economy โ€“ the departmentโ€™s primary focus. These make up a third of allย meetings.

Of the 70 meetings to discuss energy issues, 90 percent were with oil and gas companies or industry bodies including Exxon, Chevron, Shell, EDF, Centrica, and IGas, to name a few, along with the newly established Oil and Gas Authority, and Oil & Gas UK.

When it comes to renewable energy, on the other hand, there were just two meetings recorded: one in July 2014 between Lord Paul Deighton, then commercial secretary, and MHI Vestas Offshore Wind, followed by a meeting in November between Priti Patel, then exchequer secretary, and a group of seven companies to simply discuss โ€œenergyโ€, among these was renewable supplier Goodย Energy.

Taken together, these 70 energy meetings between July 2014 and March 2015 prior to last Mayโ€™s general election paint a picture of the shape that energy policy is currently taking: heavy on nuclear, oil and gas, low onย renewables.

Climateย Change

The dominance of fossil fuel meetings is in stark contrast to just four meetings held to discuss climate change and the environment over this nine-monthย period.

In January 2015, Osborne met with Lord Nicholas Stern and British sculptor Antony Gormley to discuss climate change. Chief secretary Danny Alexander also met with Lord Stern that same month to talk about โ€œclimate change andย developmentโ€.

Also in January, Alexander met with WWF and the Aldersgate Group to discuss environmentalย policy.

The next month, in February 2015, Patel met with a group of nine organisations including Greenpeace, WWF, RSPB, the UK Green Building Council, Policy Exchange and EEF, the manufacturers association, to discuss โ€œenergy and environmentย policyโ€.

Nuclearย Power

Nuclear got its share of attention with six meetings held with EDF, the chief developer of nuclear in the UK, over the nine-monthย period.

In a testament to Osborneโ€™s commitment to nuclear power, he personally met with EDF in December 2014 to discuss โ€œthe energy industryโ€. It was around this time that EDF was facing financial troubles at its partner company Areva with fears that this would impact the development of Hinkley Point C power station inย Somerset.

In addition, five meetings were held early this year with Japanese companies and the Japan Bank for International Cooperation about โ€œnuclear investmentโ€. They came after a government report published in December 2014 entitled: โ€˜Japan – whatโ€™s next for the nuclear industry, how can weย benefit?โ€™

Northย Sea

Following Osborneโ€™s meeting with EDF last December, in February he met with Oil & Gas UK, Apache, and EnQuest to discuss โ€œoil and gasโ€. These three companies are all involved in the North Sea oil industry โ€“ a strong theme among the Treasuryโ€™sย meetings.

In addition to many meetings with the various players in the North Sea, there were a series of meetings between the Treasury and Sir Ian Wood – the billionaire owner of industry services provider Wood Group who responsible for the idea behind the governmentโ€™s policy to maximise oil and gas extraction.

The government continues to push further development of the North Sea oil and gas reserves, which are nearing the end of their life. Meanwhile, oil prices remain low and just this week oil bosses predicted another 10,000 oil jobs will be lost in theย area.

Current Energy and Climate Minister Andrea Leadsom, who was working as economic secretary at the time, did not have any meetings to discuss energy or the environment under her role in the Treasury. Rather, the majority of her meetings were regarding โ€œfinancial servicesโ€. In fact, these meetings make up 68 per cent of the departmentโ€™s meetings related to finance, tax and theย economy.

Photo: HM Treasury viaย Flickr

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Kyla is a freelance writer and editor with work appearing in the New York Times, National Geographic, HuffPost, Mother Jones, and Outside. She is also a member of the Society for Environmental Journalists.

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