UK energy policy: time for change?
Since coming to power in 1997, the current UK Labour government has initiated new policies in areas such as energy security, greenhouse gas reduction and economic competitiveness. These have been added to the baggage carried from the previous Conservative government’s legacy of privatisation, market liberalisation and regulation and led some – including the UK Financial Services Authority chairman Lord Turner – to voice concerns that the liberalised market paradigm for energy, created by the
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