It is clear is that balancing the energy policy objectives of secure supplies, reducing carbon emissions and maintaining affordability is not easy and in the UK agreement on the right balance across political parties, industry and consumers has not been reached; without such a consensus the risks to investment – and hence the achievement of all three goals of policy – are substantially increased. Joan MacNaughton, Charles Hendry, Phil Grant and Michael Grubb talk about managing the ‘Trilemma’ balance. Joan MacNaughton draws on findings from the World Energy Council’s Trilemma Study .
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