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British Coal

Published online by Cambridge University Press:  26 March 2020

George F. Ray
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Extract

In view of the abundant resources of coal in the United Kingdom, it was natural that at the time immediately following the first oil shock in 1973 certain hopes were pinned on coal: that coal usage would recover enabling the country to reduce its high reliance on oil. With the benefit of hindsight it is clear by now that whilst the importance of oil in our energy supplies has indeed been reduced, it was not primarily due to any resurgence of the demand for coal. The production and consumption of coal have continued to decline.

Type
Articles
Information
National Institute Economic Review , Volume 130 , November 1989 , pp. 75 - 84
Copyright
Copyright © 1989 National Institute of Economic and Social Research

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