The Archbishop of Canterbury has summoned the bosses of the ”˜Big Six’ energy companies to a private meeting on Wednesday to discuss fuel poverty and rising energy prices.
The meeting comes after the Most Rev Justin Welby said he understood why people felt above-inflation price rises were “inexplicable” and called on the companies to act with “generosity”.
Four of the Big Six supliers are believed to be sending their most senior UK executives, in contrast to a recent Commons select committee hearing where just one, E.On chief executive Tony Cocker, attended to face MPs.
The major energy suppliers have established facts on the ground in the form of higher energy prices. They will engage the ABoC in a listening process, in which he gets to listen to them tell him about how they require a greater profits for energy companies and shareholders, like the CoE bishops’ pension funds. And they will then enter into a period of reception, during which the even higher energy prices will be gratefully received by all concerned. After a few years, the received higher energy prices and profits will be affirmed in a liturgy and the CoE will be called upon to repent for its use of energy, and its reluctance to pay high prices. The energy executives issued a highly nuanced statement, which, should the church properly repent, implies the possibility (according to the read of the majority of Fulcrum staff) of their making some contribution at a later date to a fund that might be dedicated to offsetting higher energy prices for the bishops’ clubs and favorite restaurants.
“Four of the Big Six supliers are believed to be sending their most senior UK executives, in contrast to a recent Commons select committee hearing where just one, E.On chief executive Tony Cocker, attended to face MPs.”
That’s not surprising – this meeting won’t be threatening.
They know how to Inadaba already.
I expect Welby invited them. He has no authority to summon.
The Oil Man speaketh, it seems.