Energy policy has frequently been based upon assumptions about future oil prices. At the end of the 1970s it was assumed oil prices would continue to rise. Now a similar assumption pervades policy design. This article critiques the peak oil hypotheses whi
Article from InsideTrack Issue 28 Spring 2011A Better Route: Mainstreaming the Green Economy We aspire to a low carbon economy, but we don’t really know what it looks like. As a result there’s a mismatch between the narrative and economic policy. As the c
Peak oil—the idea that we have passed or are about to pass the physical peak of oil production—is again in fashion. It has been lent impetus by events in the Middle East and North Africa. Predictions abound of imminent price shocks, $200 dollars-a-barrel
As a result of Ofgem’s Project Discovery and the DECC Market Assessment, and with the Climate Change Committee’s Fourth Climate Change Budget due in December 2010, the government is embarked on a market reform process, first through a consultation paper a
Oxford Review of Economic Policy, Volume 25, Number 3, 2009, pp.411–434 Abstract The paper documents the significant changes of ownership since the infrastructure utilities were privatized and, in particular, the shifts from the initial focus on dispersed
Edited by Dieter Helm and Cameron Hepburn Includes contributions from leading climate change policy experts Highly topical and political subject that discusses the Stern Report and the international framework and negotiations for a post-Kyoto cli
Introduction Environmental issues in general, and climate change in particular, lend themselves to EU rather than national policy: many of the effects (such as acid rain and later pollution) are regional, and climate change is global. To date, the EU has
Chapter in "Delivering a 21st Century Infrastructure for Britain" co-authored with Ben Caldecott and James Wardlaw. Published by Policy Exchange. The British economy at the end of the first decade of the 21st century is not in good shape. The credit crunc
PublicationTransportHS2: a conclusion in search of a rationale September 5, 2019
What is the question or questions to which HS2 is supposed to be an answer? As with a number of big and long-term projects, as one rationale...
Recent Publications
Whatever the approximate causes of the particular power cuts in mid-August this year, the ...
The costs of renewables are falling, oil and gas prices have fallen back, and demand is so...
The Hitachi decision has been a long time coming and is not at all surprising. It comes at...