Artis, M J; Lewis, M K - In: Oxford Review of Economic Policy 9 (1993) 3, pp. 36-61
The collapse of the British coal market from April 1993 has been blamed on the privatization of electricity and rapid investment in gas-fired generation. The paper argues that the main culprit is the Large Combustion Plant Directive of the EC which lays down sulphur emission targets which will...