Historical Context, Ideas and Political Practice
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The above quotation from a seminal UK document on climate change, ‘This Common Inheritance’, is a clear reminder of the extent to which belief in the possibilities of market economics had penetrated the UK political establishment by 1990. This recognises claims made within new institutionalism that ideas can be acted upon because they represent beliefs, as well as for more strategic purposes. This chapter, instead of taking the PEPP as a fait accompli, analyses the evolution of the PEPP by seeking out how and why this system came into being, as well as by starting to consider the degree to which it became institutionally embedded, and with what consequences.
KeywordsEnergy Policy Energy Sector Energy Security Political Practice Economic Governance
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