In his book The Coal Question from 1865 William Stanley Jevons examined for how long the United Kingdom could continue to fuel its economy based on cheap supplies of coal. At the time the UK consumed about 93 million tons of coal providing nearly all of its energy supply. His estimate was that within a maximum of a hundred years, or perhaps even within one or two generations, production would be in retreat due to an increase in the cost of mining which would, in Jevons’ words, “Injure the commercial and manufacturing supremacy of England.”
In this post I’ll look back at history to show that Jevons correctly foresaw the fate of the British coal industry. In Britain a peak in production occurred around 1913 caused by increasing coal mining costs, lack of technological innovation, rising competition from abroad, a number of political decisions disadvantaging coal as a fuel source, declining profits, and a slump in British economic growth coinciding with World War I.