Energy: the rude awakening. [UK and world energy problems in perspective]

Book · Sat Jan 01 04:00:00 EST 1977

OSTI ID:6809111

Bailey, R

The 1973 to 1974 oil-price revolution and the rise of OPEC completely changed the position of oil in international trade and greatly increased the value of every country's indigenous resources. Governments are finding it difficult to arrive at coherent energy policies in view of the mass of forecasts and plans that has to be reconciled, the conflicting interests of different fuel authorities, and the often-unrealistic policy priorities of political parties. Mr. Bailey describes the evolution of UK energy problems and emphasizes that North Sea oil will bring only temporary relief. By the end of the century the UK will probably be importing oil once more. He stresses the importance of using this period of economic grace to restructure the economy. Only in this way will the country be able to face being an oil importer again. Energy forecasts and possible policies to the end of the century are discussed, and the roles of the four main fuels (coal, gas, oil and nuclear energy) are analyzed. The author also considers the social and environmental problems arising from the exploitation of coal and oil reserves and the further development of nuclear power. In an epilogue he scans the future and makes an assessment of energy prospects for the next century.

• OSTI ID: 6809111
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
293000* -- Energy Planning & Policy-- Policy
Legislation
& Regulation
ATLANTIC OCEAN
CARBONACEOUS MATERIALS
COAL
ECONOMIC POLICY
ENERGY
ENERGY POLICY
ENERGY SOURCES
ENERGY SUPPLIES
ENVIRONMENTAL IMPACTS
EUROPE
FLUIDS
FORECASTING
FOSSIL FUELS
FUEL GAS
FUELS
GAS FUELS
GASES
GLOBAL ASPECTS
GOVERNMENT POLICIES
INTERNATIONAL COOPERATION
INTERNATIONAL ORGANIZATIONS
MARKET
NATURAL GAS
NORTH SEA
NUCLEAR ENERGY
OPEC
PETROLEUM
SEAS
SOCIAL IMPACT
SURFACE WATERS
UNITED KINGDOM