Monday, 25 February 2013 08:56
'Like all MPs, Tim Yeo is paid £65,000 a year. But he never has to make do with just that. Last year alone, three ‘green’ companies paid the Conservative MP for South Suffolk £135,970.
For this, he usually did just a few hours’ work a month. Yet he may be the firms’ most valuable asset, as Mr Yeo is chairman of the Commons Select Committee on Energy and Climate Change, and so plays a key role in shaping the green economy in which his sometime employers – AFC Energy, Eco City Vehicles and TMO Renewables – operate.
And he may be about to perform his most valuable service yet.
Mr Yeo has moved an extraordinary amendment to the Energy Bill that would set a crippling and binding target for the amount of carbon dioxide emitted by generating power in 2030. It would transform the electricity industry and bring huge benefits to the business sector, which has so generously rewarded Mr Yeo.'
Monday, 25 February 2013 08:52
Posts
