Description
Oscillating oil prices, political and economic instability, changing views of the roles of government in energy markets and anxiety about the environmental impact of energy are now central features of the world energy situation. This study, undertaken by a group of leading international economists, analyzes the problems of formulating flexible energy policies in a world of volatile change. Ranging over the experience of the United Kingdom, the United States of America, the European Community and the Third World, the book offers critical appraisals of past policies and suggestions for future policy directions.