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Oil supplement: A new world of energy

Security, affordability, the environment: Britain has an energy trilemma

By Michael Grubb  

The city of Bath: energy demand in Britain stopped rising at around the turn of the millennium. © Kryzch-34

What does the tumbling oil price imply for Britain and its energy policy? Energy bills in the United Kingdom have been going up for years, and newspapers have been warning of the threat of blackouts. North Sea oil and gas output is declining, and political volatility in the Middle East and the Ukrainian…

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