British fuel requirements and investment to 1975
Rodger, Allan A.S.
In 1957 the British public became aware of what seemed to be an abrupt change in the fuel situations whereas there had formerly been insufficient supplies of certain fuels, particularly coal, suddenly the situation appeared to alter, coal was plentiful and stocks began to grow, pits were closed, and miners were afraid of unemployment. This change attracted my attention and intrigued me and the interest so aroused development into a desire to examine the future position and, in the light of the investment involved, to estimate its effect upon the British economy. The thesis took shape along the lines just indicated: first there was an examination of consumption in the various sectors of the economy; then an examination of how this consumption would probably be met and whether it would lead to expansion of some sectors of the fuel industry and to contraction of others; and finally whether these changes would bring about adjustments in investment which would have important repercussions on the whole economy. There is no published work which endeavours to deal comprehensively with these related problems. The present thesis tries to fill this gap.