Markets, Imperfections and the Dangers of Over-Regulating Energy Markets

4 Pages Posted: 18 Jul 2004

See all articles by Colin Robinson

Colin Robinson

University of Surrey - Department of Economics

Abstract

Government regulation in general has over-expanded. However, in British energy markets, a new form of regulation, concentrating on promoting competition in gas and electricity, has emerged to the benefit of consumers. If the government pursues its policy of targeting favoured energy activities, these gains will disappear, the costs of achieving environmental targets will be unnecessarily heavy and energy markets will be re-politicised.

Suggested Citation

Robinson, Colin, Markets, Imperfections and the Dangers of Over-Regulating Energy Markets. Economic Affairs, Vol. 24, No. 2, pp. 52-55, June 2004. Available at SSRN: https://ssrn.com/abstract=556900

Colin Robinson (Contact Author)

University of Surrey - Department of Economics ( email )

Guildford
Surrey GU2 7XH
United Kingdom
+44 1483 682782 (Phone)
+44 1483 689548 (Fax)

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