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Energy, the State, and the MarketBritish Energy Policy since 1979$
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Dieter Helm

Print publication date: 2004

Print ISBN-13: 9780199270743

Published to Oxford Scholarship Online: May 2010

DOI: 10.1093/acprof:oso/9780199270743.001.0001

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A Low-carbon Economy—The White Paper

A Low-carbon Economy—The White Paper

(p.400) 22 A Low-carbon Economy—The White Paper
Energy, the State, and the Market

Dieter Helm (Contributor Webpage)

Oxford University Press

In 2003, the government produced a White Paper, ‘ Our Energy Future — A Low Carbon Economy', which adopted the Royal Commission on Environmental Pollution's (RCEP) target, and proposed to deliver this through renewables and energy efficiency aspirational targets for 2020. The nuclear option was to be kept open, but only just, and the government accepted the inevitability of joining the European emissions trading scheme, making a virtue of its market-based approach. Although security of supply was gradually moving up the political agenda, the White Paper added little by way of concrete substance here, and indeed the commitment to wind energy, combined with the phasing-out of nuclear and the lack of any countervailing strategy to ever greater dependence on imported gas, exacerbated the problems. This chapter dissects the White Paper.

Keywords:   energy policy, environmental pollution, white paper, renewable energy

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