A New British Energy Policy

The relative calm of energy markets in the 1980s and 1990s led to an era of benign neglect in energy policy.

However, sustained oil prices, inherent weaknesses in the energy infrastructure, rising global energy demand and a changing and uncertain geo-political environment mean that government must rethink energy policy.

Recognising the emergence of a new paradigm in the energy sector, Dr Dieter Helm argues that energy policy should adapt to reflect the new priorities of security of supply and climate change.

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