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Energy: Finance

Energy and Climate Change written question – answered on 27th June 2012.

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Photo of Zac Goldsmith Zac Goldsmith Conservative, Richmond Park

To ask the Secretary of State for Energy and Climate Change what agreements were reached on energy subsidy reform at the 2012 G20 Summit.

Photo of Charles Hendry Charles Hendry The Minister of State, Department of Energy and Climate Change

At the 2012 G20 Summit at Los Cabos Leaders welcomed a progress report on fossil fuel subsidies and reaffirmed their commitment to reform of these in line with previous G20 commitments. Finance Ministers were asked to report on progress and options for a voluntary peer review process to the Russian-hosted 2013 G20 Summit.

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