Originally published in 1981. Examining in detail the best evidence
on the likely level of domestic and overseas demand for British
coal over the following 20 years, this study raised questions about
the declared development and investment strategy of the National
Coal Board. It exposes a central dilemma facing both the management
and the unions of the British coal industry consequent upon their
commitment to production objectives substantially out of line with
likely market opportunities. It also poses questions for government
and the EEC regarding the industry's finances and market prospects.
The study concludes that Britain is unlikely to need both the scale
of investment proposed for the coal industry and the nuclear
programme endorsed by both the government and the electricity
supply industry. The author argues for a rigorous reinterpretation
of the prospects and a revision of the plans of Western Europe's
largest coal industry. This is a fascinating snapshot of a changing
industry and is interesting to those in geography, economics and
industrial management and anyone interested in energy.
General
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