<P>Originally published in 1981. Examining in detail the best evidence on the likely level of domestic and overseas demand for British coal over the following 20 years, this study raised questions about the declared development and investment strategy of the National Coal Board. It exposes a central dilemma facing both the management and the unions of the British coal industry consequent upon their commitment to production objectives substantially out of line with likely market opportunities. It also poses questions for government and the EEC regarding the industry's finances and market prospects. The study concludes that Britain is unlikely to need both the scale of investment proposed for the coal industry and the nuclear programme endorsed by both the government and the electricity supply industry. The author argues for a rigorous reinterpretation of the prospects and a revision of the plans of Western Europe's largest coal industry. This is a fascinating snapshot of a changing industry and is interesting to those in geography, economics and industrial management and anyone interested in energy.</P>