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Electricity Demand Due To Policy Change In The U.K., Kevin W. Doherty
Electricity Demand Due To Policy Change In The U.K., Kevin W. Doherty
Journal of Environmental and Resource Economics at Colby
This paper examines United Kingdom Electricity Demand with regards to the Climate Change Act, which was enacted in November of 2008. Through actual demand data obtained from Nationalgrid, a U.K. based gas and electric utility company, this paper seeks to find out if the Climate Change Act has started to achieve its goal of reducing carbon emissions by looking at trends of electricity demand. Burning fossil fuels to produce electricity is a major contributor to global warming in the U.K. and policies enacted do not always live up to their ultimate goals. This paper tests how on track the Climate …