Less and less favoured? Britain's regions in the energy crunch

Jones, Calvin ORCID: https://orcid.org/0000-0003-4980-2330 2010. Less and less favoured? Britain's regions in the energy crunch. Environment and Planning 42 (12) , pp. 3006-3022. 10.1068/a43206

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Abstract

Recent pronouncements by the International Energy Agency suggest that the world faces a potentially very serious shortage of liquid oil in the next decade. Meanwhile, alternative sources of energy, fossil fuel or otherwise, are problematic for political, technical, or environmental reasons. This paper suggests that these developments may herald a fundamental change in the economic landscape—and one that will further widen the gap between wealthy and poor regions in the developed world, with poorer regions being very vulnerable to the difficulties associated with this change. The nature of the ‘energy crunch’ is presented, as are arguments that suggest the UK is less well prepared than other European competitors for increased energy costs and price volatility. The paper then presents data for GB regions, suggesting that upcoming energy challenges might herald an era of greater regional economic divergence.

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Centre for Business Relationships, Accountability, Sustainability and Society (BRASS) Business (Including Economics)
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HT Communities. Classes. Races
Uncontrolled Keywords:	energy policy; regional development
Publisher:	EPA
ISSN:	0308-518X
Last Modified:	19 Oct 2022 09:14
URI:	https://orca.cardiff.ac.uk/id/eprint/20412

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