The argument for de-sensitising the UK economy from oil through energy diversification is compelling

Oil has long been the very life blood of the global economy, and its price fluctuations have in the past had significant economic implications. Dan Bailey argues that the UK economy would benefit from not being so systemically reliant on an exogenous, unstable and finite resource. Capital investment projects designed to upgrade the UK’s energy infrastructure would promote long-term economic and environmental stability and sustainability.