Sometime in the mid 1980s I was, as one does, idly flicking through the monthly edition of Economic Trends. Actually I didn’t at all, usually, it was one of those things which passed rapidly from in tray to out tray
But they had just recently acquired the technology to put a graph at the top of each page – a simple black & white line graph to display the main features of the table
One does not expect drama in such things, so I was surprised to see any. But there was a graph with one line which took a steep plunge to the bottom while another took its place at the top. In fairly short order the two lines reverted to their normal points on the scale
The table showed fuel used in electricity generation. The line which plunged down represented coal, its place usurped by oil. The graph showed vividly how we got through the miner’s strike without any major power cuts
Some years later I saw a tv programme which told how a then junior minister, Nigel Lawson, had been sent to the Department of Energy by Margaret Thatcher with a specific brief to ensure that in any confrontation with the unions (which just about everybody expected sooner or later) the miners would not be in any position to inflict the kind of humiliation endured by the Heath government in the 3 day week of 1974. Appropriate plans were laid. Nigel Lawson later became Chancellor of the Exchequer
That may have been the last time any British government took a serious strategic look at energy supply, rather than ducking its responsibilities & hoping that the nasty problems of nuclear & the touchy feely windmill brigade would somehow sort themselves out
And yet, during the recent cold snap, we depended on coal for more than half the electricity we were so grateful to receive. The computers, the telly, the hot water & the microwave all pluckily kept going (for the most part) to keep us fed & warm
We had another power cut on Monday morning. This was clearly due to some very local interruption to supply. It lasted for at least 4 hours, at which point I had to go out, having managed only an old fashioned sponge down wash. Sorry about that folks, but it was like going back to the good old days, along with all the wartime recipes for left overs which are being so enthusiastically resurrected
If we get through the banking crisis relatively unscathed we will probably soon find that it is not just the flow of credit which maintains our way of life