Working paper

National energy security in a world where use of fossil fuels is constrained

Power resources Australia Great Britain

This paper focuses on the domestic energy policies of industrialised states and, in particular, those states which have been at the forefront in applying neo-liberal policies to the reform and restructuring of their energy supply industries.

It examines the interactions between the neo-liberal and climate change mitigation agendas, as they have been applied to energy policy, and the consequences these interactions are having for energy security, which is a core objective of energy policy for all states. A case study approach is taken using the United Kingdom and Australia as examples. The overall conclusion is that if states set themselves ambitious emissions reduction goals they will need to make radical changes to their energy systems, which, in the absence of decisive policy action, are likely to be deleterious to domestic energy security. By contrast, modest reduction goals will not require far-reaching energy system changes and will pose little threat to energy security, but will also do little to mitigate climate change.

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