Peter Derek Truscott, Baron Truscott (born 20 March 1959) is a British petroleum and mining consultant, independent member of the House of Lords and writer. He was a LabourMember of the European Parliament (MEP) from 1994 to 1999 and was elevated to the peerage in 2004. He has written on Russia, defence and energy, and works with a variety of companies in the field of non-renewable resource extraction.
Previously somewhat low-profile in British politics, Truscott made headlines in 2009 as one of four Labour peers named by the Sunday Times as being willing to accept money to help companies amend bills that would have an adverse effect on them.[1] He consequently became one of the first peers suspended from the House of Lords since the 17th century.
In February 2009, it was revealed that Truscott was, in line with House of Lords rules, classifying his small Bath flat as his main residence, thus entitling him to claim a £28,000 per year public subsidy of his £700,000 Mayfair flat.[3]
Political career
Political organiser and MEP
After completion of his doctorate, Truscott was a political organiser for the Labour Party from 1986 to 1989, and a councillor in Colchester from 1988 to 1992.[4] He contested Torbay for the Labour Party in 1992, coming third with 5,503 votes (9.59%).[5] He then went on to represent Hertfordshire in the European Parliament from 1994 to 1999. He was a member of the Foreign Affairs Committee, the Security Sub-Committee, and the delegation for relations with the Russian Federation throughout his time in the European Parliament, and was also the UK Government's spokesperson on foreign affairs and defence in the Parliament from 1997 to 1999.[2]
In 2007 Truscott made a speech to a coal industry conference in his capacity as a DTI minister restating the government's strong support for the continued use of coal in electricity generation,[10] a controversial policy opposed by scientists and campaigners such as climatologist James E. Hansen.[11] While in the House of Lords, Truscott was judged by the Public Whip to have voted "very strongly against" efforts to strengthen the Climate Change Act 2008, opposing all of the following: the target of an 80% reduction in emissions by 2050, the aim to prevent warming of more than 2 °C (the figure most commonly cited in discussions about avoiding runaway climate change), making the UK's annual statement on emissions the responsibility of the Prime Minister, and reporting on the international impact of the UK's emissions.[12] He has also voted "strongly for" the Identity Cards Act 2006.[13]
In 2016 he came out in favour of Britain leaving the European Union.
In 2022 he attracted considerable negative press due to his support for Vladimir Putin, especially after asking a question in the House of Lords that seemingly expressed puzzlement as to why a thermonuclear war with Russia would be considered an 'unwelcome outcome'.[14]
Involvement with energy and mining firms
Truscott became a consultant and non-executive director working mainly with non-renewable resource extraction and public affairs companies throughout Europe and Russia.[15] He developed a client list including Eastern Petroleum Corporation, controlled by the controversial Frank Timiş and another Timiş outfit: African Minerals,[16] Gavin Anderson and Company, Opus Executive Partners, Gulf Keystone Petroleum Ltd, African Minerals Ltd, Landis & Gyr and his own consultancy firm, Energy Enterprises Ltd.[17] Together with his wife, he bought 1,000,000 shares in Gulf Keystone Petroleum, which they bought in September 2008 at 20.75p per share,[18] selling half of these in April 2010 for 85.22 pence per share.[18] He additionally owns shares above the £50,000 registration minimum[19] in African Minerals Ltd.[20]
In January 2009 Truscott was the subject of corruption allegations in the Sunday Times, along with three of his Labour colleagues. He was accused of seeking a £72,000 fee to help two people posing as lobbyists "amend a government bill that was harmful to their client", saying he would have to "be a ‘bit careful’ and could not table the amendment himself." He also claimed to have "done similar work before" on a recent piece of energy legislation,[1] and met officials from the Department for Business, Enterprise and Regulatory Reform shortly before the Government changed its policy in a manner favourable to his client, Landis & Gyr.[21] His response to the BBC was: "to suggest I would offer to put down amendments for money is a lie".[22] It was subsequently alleged that he had lobbied UK energy Minister Malcolm Wicks without declaring his financial interests.[23]
Following the publication of the allegations, and video and audio tape of Truscott talking to under-cover Sunday Times reporters, he was forced to resign a consultancy for Landis & Gyr[24] and was suspended from his consultancy for Gavin Anderson and Company.[23] He resigned his directorship of African Minerals in August 2009,[25] retaining a remunerated role as a strategic consultant.[20] Both Opus Executive Partners and Gulf Keystone decided not to suspend or remove Truscott despite considerable pressure from the media to do so, both citing valuable contribution and integrity in his involvement with them.
The Lords Privileges Committee subsequently recommended (on 14 May) that Lord Truscott be suspended from the House. The investigation into the allegations concluded Lord Truscott had broken rules on exercising parliamentary influence in return for money by agreeing to "smooth the way" for lobbyists, make introductions to other peers and ministers and to lobby officials. In a BBC interview on 14 May, Lord Truscott stated that "I apologise for being entrapped and for using loose language". On 20 May the House of Lords considered the Privileges Committee report and voted to suspend Lord Truscott and Lord Taylor of Blackburn for six months, the first such action since the 17th century.
[26]
In May 2009, it was alleged that the small flat in Bath that Lord Truscott calls his main residence was unoccupied and looked deserted.[27] Classifying this flat as his main residence had entitled him to claim an annual £28,000 per year public subsidy of his £700,000 Mayfair flat,[3] amounting to £125,000 over four years.[28]
He resigned from the Labour Party in May 2009,[29] and now sits as a non-affiliated member of the House of Lords.
The Ascendancy of Political Risk Management and its Implications for Global Security and Business (2006) (published by the Royal United Services Institute)[31]
A demi double-headed Eagle displayed Sable holding in each beak Or a Quill Argent spined Or
Escutcheon
Sable two Pallets nebuly Argent between six pairs of Keys bows interlaced the three in chief wards downwards and outwards those in base wards upwards and outwards Or
Supporters
On the dexter side a Bear Or gorged with a Coronet Argent in the mouth a Rose Or slipped and leaved Argent on the sinister a Lion Or gorged with a Coronet Argent in the mouth a Sprig of Birch also Argent
Motto
COGITA PISCEM
Badge
A Sailfish embowed Argent issuing from the beak a Line reflexed across the body Or
Symbolism
The Arms are based on those of Exeter College, Oxford, which have been blazoned as Argent two Bends nebuly within a Bordure Sable charged with eight pairs of Keys endorsed and interlaced in the rings Or. Russia and England are reflected in the Supporters, the grantee's wife being of Russian origin. Russia is again reflected with the double-headed eagle and the Caribbean with the sailfish Badge
References
^ ab"Whispered over tea and cake: price for a peer to fix the law". Sunday Times. London. 25 January 2009. Retrieved 22 May 2010. he agreed to help them amend a government bill that was harmful to their client, in return for cash. He said he had done similar work before. He said he had intervened on the Energy Bill — a piece of legislation he had been responsible for as a minister only months earlier.
^"McCloskey Coal UK Annual Conference 2007". 7 February 2007. Archived from the original on 5 February 2009. Retrieved 26 January 2009. While the Energy Minister may change, the message doesn't: and that message is that the Government firmly believes that coal will continue to have a significant role as part of a diverse, balanced energy supply portfolio for the UK.
^Hansen, James (10 September 2008). "Expert witness testimony at climate-change–related trial in Kent"(PDF). Archived from the original(PDF) on 21 December 2008. Retrieved 26 January 2009. Construction of new coal-fired power plants makes it unrealistic to hope for the prompt phase-out of coal emissions and thus makes it practically impossible to avert climate disasters for today's young people and future generations.